Morgan Stanley Maintains Equal-Weight on Repay Hldgs, Raises Price Target to $8.5
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst James Faucette has maintained an Equal-Weight rating on Repay Holdings (NASDAQ:RPAY) and raised the price target from $8 to $8.5.
August 10, 2023 | 2:44 pm
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Morgan Stanley has maintained an Equal-Weight rating on Repay Holdings and raised the price target from $8 to $8.5.
The news is directly related to Repay Holdings (RPAY). The maintained Equal-Weight rating indicates that Morgan Stanley believes the company's stock is fairly valued. However, the increase in price target from $8 to $8.5 suggests that they see potential for the stock's price to increase in the short term. This could have a positive impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100