Citizens raises Dave's PT on strong growth prospects and easing risks
ReutersSep 26, 2025 10:26 AM
Citizens raises PT on digital banking service Dave DAVE.O to $300 from $280
Brokerage sees upside from new product launches in 2026 and a shift to an off balance sheet financing model, which will free up capital
Citizens expects the stock to have strong future profit potential after derisking of credit metric confusion in Q2 and data access agreement between JP Morgan Chase JPM.N and Plaid 4165.T having a ripple effect on the open banking landscape
All eight brokerages that cover DAVE have "buy" or higher rating; median PT is $278.50 - data compiled by LSEG
As of last close, DAVE up ~156.9% YTD
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