Repay (RPAY) PT Lowered to $13 at Morgan Stanley
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Citi Downgrades Repay (RPAY) to Neutral, 'Expectations Reset Highlights More Macro Risk'
August 10, 2022 7:46 AM EDTCiti analyst Andrew Schmidt downgraded Repay (NASDAQ: RPAY) from Buy to Neutral with a price target of $13.00 (from $19.00).
The analyst comments "We are downgrading RPAY to Neutral. The macroeconomic backdrop reduces visibility in key personal and auto loan repayment verticals (~15-20%/~25% of volume,... More
