This A.I.-powered lending stock could be in trouble as macro environment worsens, JPMorgan warns

[ad_1] Upstart shares will likely struggle as the environment for loans worsens, according to JPMorgan. Analyst Reginald Smith initiated coverage of the lending stock at underweight. His $11 price target implies the stock could tumble 36% over the next year from Monday’s close. “We like the potential of UPST’s AI lending platform, but our long-term … Read more