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Payoneer Global upgraded to Outperform from Market Perform at Keefe Bruyette

Keefe Bruyette upgraded Payoneer Global (PAYO) to Outperform from Market Perform with a price target of $9, up from $7. Following the U.S.-China tariff deal, the risk/reward is skewed quite favorably as there is high likelihood of upside potential to consensus estimates which are currently baking in more onerous outcomes, the analyst tells investors in a research note.

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