Truist Securities Maintains Buy on Euronet Worldwide, Lowers Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Andrew Jeffrey maintains a 'Buy' rating on Euronet Worldwide (NASDAQ:EEFT) but has lowered the price target from $120 to $90.
October 17, 2023 | 4:00 pm
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Euronet Worldwide's price target has been lowered from $120 to $90 by Truist Securities, though the 'Buy' rating is maintained.
The lowering of the price target by Truist Securities could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Buy' rating indicates that the analyst still sees potential in the company, which could counterbalance the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100