The downgrade to Neutral suggests a more cautious outlook on Nuvei's stock by Seaport Global, potentially due to perceived limitations in the stock's upside or emerging risks. However, the increase in the price target from $29 to $34 indicates a positive adjustment in the expected stock value, reflecting perhaps an improved financial performance or market position of Nuvei. The mixed nature of this news (downgrade with a higher price target) might lead to neutral short-term price movement as investors digest both aspects of the analyst's perspective.