Credit Suisse Maintains Underperform on Paysafe, Raises Price Target to $15
Portfolio Pulse from richadhand@benzinga.com
Credit Suisse analyst Timothy Chiodo has maintained an 'Underperform' rating on Paysafe (NYSE:PSFE) and raised the price target from $14.5 to $15.
August 16, 2023 | 12:29 pm
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Paysafe's price target has been raised from $14.5 to $15 by Credit Suisse, though the 'Underperform' rating is maintained.
While the increase in price target indicates a slightly more positive outlook for Paysafe, the maintained 'Underperform' rating suggests that Credit Suisse still expects the stock to underperform the market. This could potentially limit any positive impact on the stock's price in the short term.
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IMPORTANCE 80
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