UBS Maintains Buy on Nuvei, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Tim Chiodo has maintained a Buy rating on Nuvei (NASDAQ:NVEI) and increased the price target from $24 to $30.
March 07, 2024 | 4:16 pm
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POSITIVE IMPACT
UBS analyst Tim Chiodo has reaffirmed a Buy rating on Nuvei and raised the price target from $24 to $30.
The upgrade in price target by a reputable analyst like Tim Chiodo suggests a strong confidence in Nuvei's future performance. This is likely to positively influence investor sentiment and potentially increase the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100