UPDATE: Morgan Stanley Reiterates On Green Dot Corporation As Walmart Partnership is Extended

In a report published Thursday, Morgan Stanley analyst Smittipon Srethapramote reiterated an Equal-Weight rating on

, but removed the $20.00 price target. In the report, Morgan Stanley noted, “While visibility into the financial impact of the GoBank launch at Walmart remains low, the potential upside could be significant as Walmart has been GDOT's most productive channel. We keep our numbers unchanged, but analyze the potential impact to earnings.” Green Dot Corporation closed on Wednesday at $23.41.