BMO Capital Initiates Coverage On Repay Hldgs with Market Perform Rating, Announces Price Target of $9
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Rufus Hone has initiated coverage on Repay Holdings (NASDAQ:RPAY) with a Market Perform rating and set a price target of $9 for the company's stock.
December 05, 2023 | 9:38 am
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BMO Capital has initiated coverage on Repay Holdings with a Market Perform rating and a price target of $9, which could influence investor sentiment and stock performance.
The initiation of coverage by BMO Capital with a Market Perform rating suggests a neutral outlook on the stock, which may not significantly move the stock price in the short term. However, the setting of a price target provides a benchmark that investors can use to gauge the stock's potential, which could have a mild positive influence if the target suggests an upside from the current trading price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100