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.
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Read More on PRTH:
- Priority Technology Holdings: Transition to Integrated Financial Solutions Drives Buy Rating
- Priority Technology management to meet virtually with B. Riley
- Priority Technology Holdings Reports Record Revenue and Strong Growth
- Priority Technology price target lowered to $12 from $14 at Keefe Bruyette
- Priority Technology Holdings Faces Operational Risks: Cyberattacks and Disasters Threaten Service Continuity
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