These Analysts Boost Their Forecasts On Paymentus Following Strong Q2 Results
Portfolio Pulse from Lisa Levin
Paymentus Holdings, Inc. (NYSE:PAY) reported strong Q2 results, beating market estimates. The company's shares jumped 10.8% in pre-market trading. Analysts from Goldman Sachs and Raymond James have raised their price targets on Paymentus following the earnings announcement.
August 08, 2023 | 12:05 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Paymentus reported strong Q2 results, leading to a 10.8% jump in shares and raised price targets from Goldman Sachs and Raymond James.
Paymentus reported better than expected Q2 results, which led to a significant increase in its share price. This positive news, coupled with raised price targets from major analysts, is likely to have a positive impact on the company's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100