Analyst Ratings for Payoneer Global
Portfolio Pulse from Benzinga Insights
Payoneer Global (NASDAQ:PAYO) has received 5 analyst ratings in the last quarter, with 4 being bullish and 1 somewhat bullish. The average price target is $8.2, representing significant upside from the current price of $4.97. This is a slight decrease from the previous average price target of $8.33. Analysts use various methods to forecast stock performance, and their ratings can influence market perceptions and stock prices.
December 07, 2023 | 3:00 pm
News sentiment analysis
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POSITIVE IMPACT
Payoneer Global has a strong analyst backing with 4 bullish and 1 somewhat bullish ratings. The average price target suggests a significant upside from the current trading price, despite a slight decrease from the previous target.
The positive analyst ratings and the substantial upside implied by the average price target could lead to increased investor confidence and a potential short-term rise in PAYO's stock price. The slight decrease in the target from $8.33 to $8.2 is not significant enough to dampen the overall bullish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100