JP Morgan Maintains Neutral on Paymentus Holdings, Raises Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tien-Tsin Huang maintains a Neutral rating on Paymentus Holdings (NYSE:PAY) but raises the price target from $21 to $26.
August 20, 2024 | 2:46 pm
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JP Morgan has maintained a Neutral rating on Paymentus Holdings but increased the price target from $21 to $26, indicating a positive outlook on the stock's potential.
The increase in price target from $21 to $26 by JP Morgan suggests a positive outlook for Paymentus Holdings, which could lead to a short-term increase in stock price. However, the Neutral rating indicates that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100