Priority Technology initiated with a Buy at TD Cowen

TD Cowen initiated coverage of Priority Technology (PRTH) with a Buy rating and $10 price target The firm says the company’s business mix has evolved and is positioned for double-digit revenue and earnings growth as well as reduced leverage. These attributes are underappreciated with the shares trading at a discounted valuation, the analyst tells investors in a research note.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue