Deutsche Bank initiated coverage of Payoneer Global (PAYO) with a Buy rating and $13 price target The firm says Payoneer offers a comprehensive financial stack designed to simplify cross-border transactions for global small businesses. The company “sits at the intersection of many of the key themes animating investor debates” across fintech and its service offerings create exciting opportunities for future growth, the analyst tells investors in a research note. Deutsche sees potential for accelerating core revenue growth beyond fiscal 2025.
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