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

|About: Green Dot Corporation (GDOT)|By:, SA News Editor

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.