Keefe Bruyette lowered the firm’s price target on Priority Technology (PRTH) to $10 from $12 and keeps an Outperform rating on the shares. The stock decline following the Q1 report is largely an overreaction, the analyst tells investors in a research note.
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Read More on PRTH:
- Priority Technology Holdings Reports Strong Q1 Growth
- Priority Technology Holdings: Long-Term Growth Potential Amid Short-Term Challenges
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- Priority Technology reports Q1 adjusted EPS 22c, consensus 17c
- Priority Technology backs FY25 revenue view $965M-$1B, consensus $971.51M