Upstart's stock rises as analyst says investors have been ignoring a key catalyst

55% upside: A BTIG analyst sees 55% more upside for Upstart's stock, citing the company's plan to obtain a banking charter as a way to reduce risky exposure to private credit. The charter could materially de-risk funding and credit exposure, supporting a potential re-rating if execution proceeds as expected.

Analysis

55% upside: A BTIG analyst sees 55% more upside for Upstart's stock, citing the company's plan to obtain a banking charter as a way to reduce risky exposure to private credit. The charter could materially de-risk funding and credit exposure, supporting a potential re-rating if execution proceeds as expected.