B of A Securities Maintains Buy on Paysafe, Lowers Price Target to $13.7
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Jason Kupferberg maintains a Buy rating on Paysafe (NYSE:PSFE) but lowers the price target from $17 to $13.7.
May 23, 2023 | 11:55 am
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NEUTRAL IMPACT
B of A Securities maintains a Buy rating on Paysafe but lowers the price target from $17 to $13.7.
The news of B of A Securities maintaining a Buy rating on Paysafe is positive for the stock. However, the lowering of the price target from $17 to $13.7 may create some uncertainty among investors, potentially offsetting the positive impact of the Buy rating. As a result, the short-term impact on the stock price is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100