HC Wainwright & Co. Maintains Buy Rating for Mogo: Here's What You Need To Know

HC Wainwright & Co. has decided to maintain its Buy rating of Mogo MOGO and lower its price target from $12.00 to $8.00.

Shares of Mogo are trading up 2.03% over the last 24 hours, at $1.51 per share.

A move to $8.00 would account for a 429.8% increase from the current share price.

About Mogo

Mogo Inc is a Canadian-based financial technology company. It offers a finance application to consumers with solutions that help them to control their financial health. At Mogo, users can sign up for a free account and get access to products and solutions that help users to monitor their credit score, protect themselves from identity fraud, control their spending, and borrow responsibly. Some of its products are personal loans, crypto, mortgage, credit score, and others. Mogo is one of the go-to financial applications for Canadians with more than one million members.

About Analyst Ratings

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Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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