Oppfi Inc (OPFI) PT Lowered to $15 at Citizens Amid Cautious Underwriting, Tight Credit

Citizens analyst David Scharf lowered the price target on Oppfi Inc (NYSE: OPFI) to $15.00 (from $16.00) while maintaining a Market Outperform rating.

The analyst commented, "We note seven of our lenders under coverage currently have flow arrangements with private credit funds, including OppFi (OPFI, MO, $15 PT)...Our discussions with four flow partners of lenders in our coverage suggest both stability and visibility into sustaining the relationships combined with suggestions of some credit tightening on their behalf.

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