Needham Reiterates Buy on Euronet Worldwide, Lowers Price Target to $125
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mayank Tandon has reiterated a 'Buy' rating on Euronet Worldwide (NASDAQ:EEFT), but lowered the price target from $140 to $125.
July 26, 2023 | 3:37 pm
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Euronet Worldwide's price target has been lowered from $140 to $125 by Needham, although the 'Buy' rating has been reiterated.
The lowering of the price target could potentially indicate a less optimistic outlook for the company's stock, which may negatively impact investor sentiment. However, the reiteration of the 'Buy' rating suggests that the analyst still sees potential upside, which could balance out any negative impact.
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