Goldman Sachs Maintains Sell on Paymentus Holdings, Raises Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Will Nance maintains a 'Sell' rating on Paymentus Holdings (NYSE:PAY) and raises the price target from $8 to $9.
July 13, 2023 | 11:22 am
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Goldman Sachs maintains a 'Sell' rating on Paymentus Holdings, but raises the price target from $8 to $9.
The 'Sell' rating maintained by Goldman Sachs indicates a negative outlook for Paymentus Holdings. However, the increase in price target from $8 to $9 suggests that the analyst sees some potential for the stock's price to rise in the short term, despite the overall negative rating. This could lead to short-term volatility in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100