Berenberg Initiates Coverage On Payoneer Global with Buy Rating, Announces Price Target of $7
Portfolio Pulse from richadhand@benzinga.com
Berenberg analyst Mark Palmer has initiated coverage on Payoneer Global (NASDAQ:PAYO) with a Buy rating and a price target of $7.
July 11, 2023 | 8:34 am
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Berenberg has initiated coverage on Payoneer Global with a Buy rating and a price target of $7, which could positively impact the stock in the short term.
Analyst ratings and price targets can significantly influence a stock's performance. In this case, Berenberg's Buy rating and $7 price target for Payoneer Global indicates a positive outlook for the company, which could lead to an increase in the stock's price in the short term.
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