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Shares of Dave Inc. skyrocket after earnings beat expectations and analyst raises target price to $320.
Digital banking service Dave Inc. saw its shares surge after an analyst upgrade raised its target price to $320, up from $229.
The company's earnings for the quarter were $1.97 per share, well above the expected $0.82.
With a "Moderate Buy" rating and a focus on financial tools like budgeting and cash advances, Dave's recent performance indicates a positive outlook in the fintech sector.
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Las acciones de Dave Inc. se dispararon después de que las ganancias superaron las expectativas y los analistas elevaron el precio objetivo a $320.