Reported about 19 hours ago
JMP Securities has upgraded its stock rating from 'market perform' to 'market outperform' after a significant 38% surge in stock price, driven by the company's effective 'buy now, pay later' strategy, which offers a competitive advantage over credit cards. Positive factors for this upgrade include a favorable regulatory environment, prospects for GAAP profitability by 2025, and expanding partnerships.
Source: YAHOO