Paysafe price target raised to $12 from $10 at BTIG

BTIG analyst Andrew Harte raised the firm’s price target on Paysafe (PSFE) to $12 from $10 and keeps a Buy rating on the shares following a “strong top-line beat” in Q1 and FY26 guidance being reaffirmed. Management “did not say” the reiteration of FY26 guidance despite Q1 coming in ahead of internal expectations was a function of conservatism, notes the analyst, who thinks there is a clear path to reducing leverage over the next 12-24 months.