Why Pagaya Technologies Blasted 13% Higher Today

There was some encouraging news about Pagaya Technologies (PGY 12.92%) on Friday, and this boosted the value of the tech company's stock. It rose by almost 13% in value on a recommendation change from an analyst, and that performance served as quite a positive contrast to the nearly 1% dip of the S&P 500 index on the day.Time for a recommendation adjustmentCitigroup's Peter Christiansen was the person behind that modification; well before market open he shifted his recommendation on Pagaya stock to buy from ...