Goldman Sachs Maintains Buy on Payoneer Global, Lowers Price Target to $6
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Will Nance has maintained a Buy rating on Payoneer Global (NASDAQ:PAYO) but has reduced the price target from $7 to $6.

January 11, 2024 | 1:31 pm
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NEUTRAL IMPACT
Goldman Sachs reaffirms a Buy rating on Payoneer Global but lowers the price target to $6, indicating a potential upside but with moderated expectations.
While the Buy rating suggests confidence in Payoneer Global's fundamentals and potential growth, the reduction in the price target may reflect a more conservative outlook on the company's near-term price performance. This could lead to mixed reactions in the market, with some investors seeing the lowered target as a sign of caution, while others may focus on the maintained Buy rating as a positive signal.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100