UBS Maintains Sell on Paysafe, Lowers Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Timothy Chiodo maintains a Sell rating on Paysafe (NYSE:PSFE) and lowers the price target from $12 to $11.
March 11, 2024 | 9:10 pm
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UBS analyst Timothy Chiodo maintains a Sell rating on Paysafe and lowers the price target from $12 to $11.
The reduction in price target by a reputable analyst like Timothy Chiodo from UBS, coupled with the maintenance of a Sell rating, is likely to negatively impact investor sentiment towards Paysafe in the short term. This could lead to a decrease in the stock price as the market adjusts to the new price target and reaffirmed negative outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100