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D.A. Davidson analyst John Kraft sees untapped value in Green Dot (GDOT +5%) after shares took a...

D.A. Davidson analyst John Kraft sees untapped value in Green Dot (GDOT +5%) after shares took a 50% hammering over the last few months as increased competition from Wal-Mart and American Express rattled investors. Kraft also lines up the name as a potential acquisition target for a major player looking for a quick start into the prepaid market. Estimates on the Street for a takeover of GDOT range as high as $15.
Comments (1)
  • 4.95 activation fee / 5.95 monthly fee? Wow! What a bargain.
    Caveat emptor, I guess...
    15 Oct 2012, 11:44 AM Reply Like
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