Susquehanna Maintains Neutral on Paysafe, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst James Friedman has maintained a Neutral rating on Paysafe (NYSE:PSFE) but has reduced the price target from $16 to $14.
November 15, 2023 | 7:11 pm
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NEGATIVE IMPACT
Susquehanna analyst James Friedman maintains a Neutral rating on Paysafe and lowers the price target from $16 to $14.
The reduction in price target by Susquehanna could lead to a negative perception among investors, potentially causing a short-term decline in PSFE's stock price. However, since the rating remains Neutral, the impact may not be as significant as it would be with a downgrade.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100