Citigroup Upgrades Euronet Worldwide to Buy, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Andrew Schmidt upgraded Euronet Worldwide (NASDAQ:EEFT) from Neutral to Buy and increased the price target from $116 to $120.

April 22, 2024 | 1:05 pm
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POSITIVE IMPACT
Euronet Worldwide was upgraded by Citigroup from Neutral to Buy, with a price target increase from $116 to $120.
Upgrades by major financial institutions like Citigroup generally lead to positive short-term price movements. The increase in price target reflects higher confidence in the company's future performance, likely influencing investor sentiment positively.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100