Canaccord Genuity Maintains Buy on Repay Hldgs, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Joseph Vafi has maintained a Buy rating on Repay Holdings (NASDAQ:RPAY) but has reduced the price target from $15 to $13.

November 10, 2023 | 4:48 pm
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Canaccord Genuity analyst Joseph Vafi maintains a Buy rating on Repay Holdings but lowers the price target from $15 to $13.
While the Buy rating reaffirms confidence in Repay Holdings' fundamentals, the reduction in price target could suggest a tempered growth outlook or market conditions that might not be as favorable as previously thought. This mixed signal could lead to a neutral short-term impact on the stock price as investors digest both the continued endorsement and the lowered expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100