Citi lowered the firm’s price target on Repay Holdings (RPAY) to $4.50 from $8 and keeps a Neutral rating on the shares. The company reported a roughly in-line Q1, with continued impacted from client losses, the analyst tells investors in a research note. The firm’s reduced forward estimates reflect lower Consumer Payments growth in fiscal 2025.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RPAY:
- Repay Holdings: Hold Rating Amid Client Losses and Revised Growth Projections
- Repay Holdings Navigates Challenges with Strategic Growth
- Repay Holdings price target lowered to $4.50 from $9 at Morgan Stanley
- Repay Holdings: Strategic Growth and Profitability Drive Buy Rating Amid Challenges
- Repay Holdings price target lowered to $4.50 from $7.50 at UBS
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue