UPDATE: Morgan Stanley Starts Paya Holdings (PAYA) at Equalweight

August 23, 2021 3:43 AM EDT
Get Alerts PAYA Hot Sheet
Price: $8.17 +0.49%

Rating Summary:
    9 Buy, 1 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 0 | Down: 5 | New: 0
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(Updated - August 23, 2021 4:40 AM EDT)

Morgan Stanley analyst James Faucette initiates coverage on Paya Holdings (NASDAQ: PAYA) with a Equalweight rating and a price target of $11.00.

The analyst comments "Paya is capitalizing on the integrated payments opportunity in B2B. We expect 18.7%/18.5% Adj. EBITDA growth in '22/'23, but see the opportunity largely reflected in valuation, before considering M&A."

For an analyst ratings summary and ratings history on Paya Holdings click here. For more ratings news on Paya Holdings click here.

Shares of Paya Holdings closed at $10.03 yesterday.

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