Baird Maintains Outperform on Paymentus Holdings, Raises Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Baird analyst David Koning maintains an Outperform rating on Paymentus Holdings (NYSE:PAY) and raises the price target from $24 to $25.
October 14, 2024 | 11:32 am
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POSITIVE IMPACT
Baird analyst David Koning has reaffirmed an Outperform rating for Paymentus Holdings and increased the price target from $24 to $25, indicating positive sentiment.
The reaffirmation of an Outperform rating and the increase in price target by a reputable analyst suggests a positive outlook for Paymentus Holdings. This is likely to boost investor confidence and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100