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Why Upstart Stock Popped Today

TheMotleyFool

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Shares of Upstart (NASDAQ: UPST) were moving higher today after one research firm hiked its price target on the stock and called for better-than-expected results in its upcoming second-quarter earnings report. Upstart also seemed to benefit from another short squeeze.

As a result, Upstart stock was up 18.6% as of 1:47 p.m. ET.

BTIG lifted its price target on Upstart from $42 to $72 this morning and maintained a buy rating on the artificial intelligence (AI)-based consumer lending company.

Source Fool.com

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