Citigroup Maintains Neutral on Paymentus Holdings, Raises Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Rebecca Lu maintains a Neutral rating on Paymentus Holdings (PAY) and raises the price target from $20 to $22.

May 07, 2024 | 5:31 pm
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Citigroup maintains a Neutral rating on Paymentus Holdings and raises the price target from $20 to $22.
The increase in price target by Citigroup, a major financial institution, suggests a positive outlook on Paymentus Holdings' stock value in the short term. Although the rating remains Neutral, the raised target indicates an expectation of stock performance improvement, likely leading to increased investor interest and potentially a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 90