10 High-Flying AI Stocks on News and Ratings

8. Upstart Holdings Inc. (NASDAQ:UPST)

Number of Hedge Fund Holders: 29

Upstart Holdings Inc. (NASDAQ:UPST) offers an AI-powered lending platform to help consumers secure personal and auto refinance loans as well as home equity lines of credit. On Friday, February 14, Morgan Stanley analyst James Faucette upgraded the stock to “Equal Weight” from Underweight with a price target of $70, up from $12. The firm said that it sees an improving environment for the artificial intelligence lending company.

“Upgrading UPST to EW as the environment remains favorable for it from both a funding and macro perspective, the latter of which hinges on employment stability.”