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Repay Holdings price target lowered to $12 from $13 at Canaccord

Repay Holdings price target lowered to $12 from $13 at Canaccord

Canaccord analyst Joseph Vafi lowered the firm’s price target on Repay Holdings (RPAY) to $12 from $13 and keeps a Buy rating on the shares. The firm said Repay remains a quite solid mid-cap fintech payments player with a rich margin structure and FCF conversion while at the same time, top line growth right now is a bit challenged.

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