Why Sezzle Stock Was Sizzling hot Today

Financing company Sezzle (NASDAQ: SEZL) was quite a hit on the stock exchange on Monday, after an analyst initiated coverage of its equity with a hearty buy recommendation. With that breezy tailwind at its back, Sezzle's stock gained nearly 8% on the day.Sezzle, which operates in the currently very popular buy now, pay later (BNPL) space, is now in Keefe, Bruyette & Woods' coverage universe. That morning, analyst Ryan Tomasello launched his tracking of the stock with an outperform (read: buy) recommendation and $85 per share price target. That level is almost 24% higher than the company's most recent closing share price. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool