B. Riley Securities Maintains Buy Rating for NewtekOne: Here's What You Need To Know

B. Riley Securities has decided to maintain its Buy rating of NewtekOne NEWT and raise its price target from $15.00 to $20.00.

Shares of NewtekOne are trading up 1.93% over the last 24 hours, at $16.90 per share.

A move to $20.00 would account for a 18.34% increase from the current share price.

About NewtekOne

NewtekOne Inc is a financial holding company engaged in providing financial solutions, It has developed a financial and technology-based business model that enables itself to acquire and process its clients in a very cost-effective manner. This capability is supported in large part by NewTracker, its patented prospect management technology software, that will allow NewtekOne clients to easily interact with NewtekOne subject matter experts in the areas of Banking, Lending, Payments, Technology, Payroll, and Insurance. It offers NewtekOne's clients a single online dashboard to access all of NewtekOne's business and financial solutions.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.