🔴 Dave is trading 4.3% down today as profit-taking follows a rally on a boosted price target

Dave is trading at $372.72 (4.3% down) in after-hours as investors lock in gains following a multi-day rally sparked by a bullish analyst update.

• Keefe, Bruyette & Woods recently raised its price target for the stock to $485 and reiterated an Outperform rating, driving shares to new highs.
• The current pullback appears to be driven by profit-taking and a weak broader technology tape rather than any fresh company-specific shocks.
• The stock had been on a significant run-up prior to tonight's move, suggesting a technical cooling off period.