Happen, Inc. Looks a Bit Pricey Now - Downgrade and Short Trade Plan
Happen (HAPN) is a profitable fintech / marketplace bank with solid fundamentals, but the stock is trading near $18 with weakening technicals, rising short activity and modest upside versus downside over the next 45 trading days. We downgrade and lay out a mid-term short plan: enter at $18.10, stop $19.50, target $14.50.