RBC Capital raised the firm’s price target on Paysafe (PSFE) to $11 from $9 and keeps a Sector Perform rating on the shares after its Q1 earnings beat. The results were driven by strength in LatAM, North America iGaming and PaysafeWallet in Europe, while the company also continues to reduce its net leverage, the analyst tells investors in a research note.
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Read More on PSFE:
- Analyst Maintains Hold on Paysafe as Revenue Beats but Margins, Leverage and Guidance Temper Near-Term Upside
- Paysafe Earnings Call Highlights Growth Amid Margin Strain
- Paysafe Posts Higher Q1 2026 Revenue but Deeper Net Loss in Latest SEC Filing
- Paysafe price target raised to $12 from $10 at BTIG
- Paysafe reports Q1 adjusted EPS 41c, consensus 37c