Green Dot doing well at Wal-Mart, new locations, says Piper Jaffray Piper Jaffray said its survey work indicates that Green Dot (GDOT) prepaid cards continue to do well at Wal-Mart (WMT) and new retail locations. Piper believes Green Dot has weathered competition from American Express (AXP) and others well and keeps an Overweight rating on the stock. The firm raised its price target for shares to $31 from $29.
Green Dot requests withdrawal of registration statement The company requests withdrawal of the Registration Statement, File No. 333-200873, because it was inadvertently filed as form type “S-3” instead of form type “S-3ASR.” The company intends to file a new automatic shelf registration statement with the proper EDGAR codes to identify it as a filing on form type “S-3ASR” shortly after submitting this request.