Morgan Stanley analyst James Faucette lowered the firm’s price target on Repay Holdings (RPAY) to $4.50 from $9 and keeps an Equal Weight rating on the shares. For FY25, the firm’s revenue forecast moves to $310M from $332M and adjusted EPS view falls to 79c from 86c as it incorporates a slow Q1 impacted by recent client losses and a modest second half ramp, the analyst tells investors.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RPAY:
- Repay Holdings: Strategic Growth and Profitability Drive Buy Rating Amid Challenges
- Repay Holdings price target lowered to $4.50 from $7.50 at UBS
- Repay Holdings price target lowered to $5 from $7 at BMO Capital
- Repay Holdings Faces Growth Challenges Amid Client Losses but Sees Potential for Recovery in 2025
- Repay Holdings price target lowered to $4.50 from $6.50 at Keefe Bruyette