UBS Maintains Buy on Nuvei, Raises Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Tim Chiodo has maintained a 'Buy' rating on Nuvei (NASDAQ:NVEI) and raised the price target from $20 to $24.
November 09, 2023 | 7:40 pm
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POSITIVE IMPACT
UBS analyst has maintained a 'Buy' rating on Nuvei and raised the price target from $20 to $24, which could potentially increase investor confidence and drive the stock price up in the short term.
The 'Buy' rating maintained by UBS indicates their positive outlook on Nuvei. The increase in price target from $20 to $24 suggests that they expect the stock to perform well in the future. This could increase investor confidence in the stock, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100