From MarketBeat:



Upstart Holdings, Inc. (NASDAQ:UPST) has received an average rating of “Reduce” from 11 ratings firms covering the company, with five analysts rating the stock as a sell, four issuing a hold rating, and two issuing a buy rating. The average 1-year price target among brokers is $25.09. CFO Sanjay Datta and insider Natalia Mirgorodskaya sold shares of the company. Institutional investors have also modified their holdings of Upstart. Upstart stock opened at $45.15. The company reported financial results and had negative net margins and a negative return on equity for the quarter. Upstart operates a cloud-based artificial intelligence (AI) lending platform and is headquartered in San Mateo, California. Overall, analysts are reducing their rating on Upstart stock, and the company’s financial results are worrying, with a negative outlook for earnings.



Original: Upstart Holdings, Inc. (NASDAQ:UPST) Given Average Rating of “Reduce” by Brokerages