Barclays Maintains Equal-Weight on Nayax, Raises Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst John Coffey maintains an Equal-Weight rating on Nayax (NASDAQ:NYAX) and raises the price target from $23 to $28.

October 15, 2024 | 5:20 pm
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Barclays has increased the price target for Nayax from $23 to $28, maintaining an Equal-Weight rating. This suggests a positive outlook on the stock's potential performance.
The increase in the price target from $23 to $28 by Barclays indicates a positive reassessment of Nayax's potential market performance. Maintaining an Equal-Weight rating suggests that while the stock is expected to perform well, it is not expected to outperform the market significantly. This news is likely to have a positive short-term impact on the stock price as it reflects increased confidence from a reputable financial institution.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100