SunTrust recommends reducing exposure to Green Dot SunTrust recommends reducing exposure to Green Dot (GDOT) following Total System's (TSS) acquisition of NetSpend (NTSP). The firm does not view Green Dot as a takeover target and notes the company is rapidly losing share. The firm rates Green Dot a Reduce with a $12 price target, up from $10.
News For GDOT;TSS;NTSP From The Last 14 Days
Check below for free stories on GDOT;TSS;NTSP the last two weeks.
Green Dot upgraded to Buy from Hold at Jefferies Jefferies upgraded Green Dot (GDOT) citing expectations for revenue reacceleration in FY14 and the company's sustainable relationship with Walmart (WMT). The firm raised its price target for shares to $29 from $26.