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Loop Capital Markets Sticks to Its Hold Rating for Katapult Holdings (KPLT)
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Loop Capital Markets Sticks to Its Hold Rating for Katapult Holdings (KPLT)

Loop Capital Markets analyst Anthony Chukumba maintained a Hold rating on Katapult Holdings (KPLTResearch Report) today and set a price target of $1.00. The company’s shares opened today at $0.90.

According to TipRanks, Chukumba is a 5-star analyst with an average return of 13.1% and a 71.04% success rate. Chukumba covers the Consumer Cyclical sector, focusing on stocks such as Ulta Beauty, Dollar Tree, and Best Buy Co.

The word on The Street in general, suggests a Hold analyst consensus rating for Katapult Holdings with a $1.00 average price target.

See Insiders’ Hot Stocks on TipRanks >>

KPLT market cap is currently $89.61M and has a P/E ratio of -2.14.

Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of KPLT in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

FinServ Acquisition Corp is a blank check company.

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