JPMorgan Chase & Co. Adds Dave (NASDAQ:DAVE) to Coverage with Overweight Rating

Financial technology company Dave (NASDAQ:DAVE) has been added to coverage by analysts at JPMorgan Chase & Co.

The brokerage assigned an 'overweight' rating and set a price target of $480.00, indicating a potential upside of 26.73% from the stock's previous close.

This is not the first time Dave has received attention from analysts. In August, Zacks Research downgraded the company from a 'strong-buy' to a 'hold' rating.

Despite this, other firms have expressed optimism about Dave's future prospects. Benchmark increased its target price on shares of Dave from $345.00 to $475.00 and gave the company a 'buy' rating in July.