Oppfi stock rating reiterated by Citizens on bank charter outlook
Citizens reiterated a Market Outperform rating and $11.00 price target on OppFi Inc (NYSE:OPFI), citing potential upside from its current low price. The firm maintained its view after Enova's withdrawal of its acquisition application. OppFi's Q2 results missed expectations, with revenue at $145.17M and adjusted earnings at $0.33 per share. The company is pursuing a national bank charter and investing in a multi-product platform for future growth.

