Jefferies raised the firm’s price target on Nayax (NYAX) to ILS 167 from ILS 157 and keeps a Buy rating on the shares following the Q1 report. The firm says that despite a slow start, Nayax remains confident in a gowth acceleration throughout 2025, driven by trade shows across China, the U.S. and Europe. The company’s margins should continue to progress, driven by processing optimization and cost control, the analyst tells investors in a research note. Jefferies increased estimates by up to 5% on higher margin confidence.
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