Kaspi.kz price target lowered to $130 from $140 at Susquehanna

Susquehanna analyst James Friedman lowered the firm’s price target on Kaspi.kz (KSPI) to $130 from $140. The firm said although 1Q demonstrated very impressive in-quarter upside organically, the final few weeks of March, along with April, appear to have set the stage for much more tempered expectations going forward. Susquehanna said various macro headwinds cause them to trim estimates, and price target