Citigroup Maintains Neutral on Nuvei, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ashwin Shirvaikar has maintained a Neutral rating on Nuvei (NASDAQ:NVEI) and lowered the price target from $42 to $20.
September 18, 2023 | 1:34 pm
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NEGATIVE IMPACT
Citigroup has maintained a Neutral rating on Nuvei but lowered the price target from $42 to $20.
The lowering of the price target by Citigroup indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Nuvei's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100