PSQ Holdings price target lowered to $4 from $5 at Roth MKM

Roth MKM lowered the firm’s price target on PSQ Holdings (PSQH) to $4 from $5 and keeps a Buy rating on the shares. The firm cites multiple compression across the space and uncertainty among margin mix within financial tech, which “can drastically shape margins,” but also notes that PSQ said it expects to double revenue in FY25.