Priority Technology price target lowered to $11 from $13 at Alliance Global Partners

Alliance Global Partners analyst Brian Kinstlinger lowered the firm’s price target on Priority Technology (PRTH) to $11 from $13 and keeps a Buy rating on the shares following “a very modest” revenue and adjusted EBITDA miss in Q3. The firm believes the current valuation creates a buying opportunity for what it calls “a very well run Fintech company that has gained market share for several years in a row.”