Payoneer Global price target lowered to $10 from $12 at Benchmark

Benchmark lowered the firm’s price target on Payoneer Global (PAYO) to $10 from $12 and keeps a Buy rating on the shares following an investor meeting the firm hosted with Michelle Wang, Payoneer’s Vice President of Investor Relations. The efforts of SMB customers to adapt their cross-border business strategies to U.S. tariff policy, the accelerating growth of the B2B payments business and the status of the company’s stablecoin-related initiatives were among the topics discussed, the analyst reported.