In a report released today, Anthony Chukumba from Loop Capital Markets maintained a Hold rating on Katapult Holdings (KPLT – Research Report), with a price target of $20.00. The company’s shares closed yesterday at $19.09.
According to TipRanks, Chukumba is a 5-star analyst with an average return of 12.8% and a 69.91% success rate. Chukumba covers the Consumer Cyclical sector, focusing on stocks such as National Vision Holdings, Dollar Tree, and Ulta Beauty.
Currently, the analyst consensus on Katapult Holdings is a Hold with an average price target of $20.00.
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The company has a one-year high of $43.25 and a one-year low of $10.01. Currently, Katapult Holdings has an average volume of 12.23K.
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.
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FinServ Acquisition Corp is a blank check company.
Read More on KPLT:
- Katapult sees Q3 revenue up 5%-7% y/y, consensus $54.19M
- Katapult reports Q2 EPS ($1.57) vs. ($2.64) last year
- Katapult Announces Second Quarter 2023 Financial Results
- Katapult to Announce Second Quarter 2023 Financial Results on August 9, 2023
- Katapult Announces 1-for-25 Reverse Stock Split of Common Stock
