Goldman Sachs Maintains Neutral on Paymentus Holdings, Raises Price Target to $15.5
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Will Nance maintains a Neutral rating on Paymentus Holdings (NYSE:PAY) and raises the price target from $12 to $15.5.
October 12, 2023 | 1:06 pm
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Goldman Sachs maintains a Neutral rating on Paymentus Holdings and raises the price target from $12 to $15.5.
The news is directly about Paymentus Holdings. Goldman Sachs, a major financial institution, has maintained a Neutral rating on the company, indicating no significant changes in the company's performance. However, the increase in price target from $12 to $15.5 suggests a positive outlook for the company's stock in the short term. This could potentially attract investors, but the Neutral rating also suggests that there are still risks involved.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100