Barrington Research Maintains Outperform on PaySign, Raises Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Barrington Research analyst Gary Prestopino maintains an Outperform rating on PaySign (NASDAQ:PAYS) and raises the price target from $5.5 to $7.
May 10, 2024 | 8:07 pm
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POSITIVE IMPACT
Barrington Research has maintained an Outperform rating on PaySign and increased the price target from $5.5 to $7, indicating a positive outlook on the stock.
The upgrade in the price target by a reputable analyst firm like Barrington Research typically signals a strong bullish sentiment on the stock, suggesting that the analyst sees more upside potential. This can often lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100