JP Morgan Maintains Neutral on Paymentus Holdings, Raises Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tien-Tsin Huang maintains a Neutral rating on Paymentus Holdings (NYSE:PAY) and raises the price target from $12 to $15.
August 22, 2023 | 12:52 pm
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NEUTRAL IMPACT
JP Morgan maintains a Neutral rating on Paymentus Holdings and raises the price target from $12 to $15.
The news is directly related to Paymentus Holdings. JP Morgan's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in price target from $12 to $15 suggests a positive outlook in the longer term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100