UBS Initiates Coverage On Nayax with Neutral Rating, Announces Price Target of $29
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Nik Cremo initiates coverage on Nayax (NASDAQ:NYAX) with a Neutral rating and a price target of $29.
April 29, 2024 | 4:51 pm
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NEUTRAL IMPACT
UBS initiated coverage on Nayax with a Neutral rating and set a price target of $29.
The initiation of coverage by UBS with a Neutral rating and a specific price target provides investors with a new professional analysis to consider. However, the Neutral rating suggests that UBS does not see significant upside or downside in the near term, which is why the impact score is neutral. The importance is rated high as analyst ratings, especially from major firms like UBS, can influence investor perception and stock price. The confidence level is high due to the clear stance taken by the analyst.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100