UPDATE: RBC Capital Upgrades Points International Ltd. (PCOM) to Outperform
RBC Capital analyst Drew McReynolds upgraded Points International Ltd. (NASDAQ: PCOM) from Sector Perform to Outperform with a price target of $20.00 (from $16.00).
The analyst comments "Q1/21 results were slightly ahead of forecast and represent a solid sequential improvement over a seasonally strong Q4/20. Reflecting a modest upward revision to our revenue and margin recovery trajectory through 2025E, our target price increases from US$16 to US$20 and we are upgrading the stock from Sector Perform to Outperform.|
Shares of Points International Ltd. closed at $15.99 yesterday.
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Create E-mail Alert Related CategoriesAnalyst Comments, Analyst PT Change, Upgrades
Related EntitiesRBC Capital, Raising Prices
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