BTIG Initiates Coverage On Paysafe with Buy Rating, Announces Price Target of $19
Portfolio Pulse from Benzinga Newsdesk
BTIG analyst Andrew Harte has initiated coverage on Paysafe (NYSE:PSFE) with a Buy rating and set a price target of $19.
January 17, 2024 | 2:54 pm
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BTIG analyst Andrew Harte has initiated coverage on Paysafe with a Buy rating and a price target of $19, which could positively influence the stock's performance.
Analyst ratings, especially initiations of coverage with a Buy rating, can have a significant positive impact on a stock's short-term performance. The price target of $19 suggests a substantial upside from current levels, which could lead to increased investor interest and a potential rise in the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100