William Blair Downgrades Nuvei Corp. (NVEI) to Market Perform, 'Consolidation Continues'

Nuvei Corp. (NVEI) PT Raised to $34 at Citi, 'post-announcement move was relatively modest'

April 2, 2024 9:45 AM EDT

Citi analyst Ashwin Schirvaikar raised the price target on Nuvei Corp. (NASDAQ: NVEI) to $34.00 (from $27.00) while maintaining a Neutral rating.

The analyst comments "

Nuveis agreement to be acquired by private equity firm Advent International follows its mid-March disclosure that... More

Seaport Global Securities Downgrades Nuvei Corp. (NVEI) to Neutral Following Acqusition

April 2, 2024 3:41 AM EDT

(Updated - April 2, 2024 6:19 AM EDT)

Seaport Global Securities analyst Jeff Cantwell downgraded Nuvei Corp. (NASDAQ: NVEI) from Buy to Neutral.

The analyst comments "We are downgrading NVEI from Buy to Neutral, with an assumed fair value of $34 (vs. our prior $29 price target). 1) Montreal-based NVEI announced today that it has entered... More

Canaccord Genuity Downgrades Nuvei Corp. (NVEI) to Hold

April 2, 2024 12:57 AM EDT

Canaccord Genuity analyst Joseph Vafi downgraded Nuvei Corp. (NASDAQ: NVEI) from Buy to Hold with a price target of $34.00 (from $40.00).

For an analyst ratings summary and ratings history on Nuvei Corp. click here. For more ratings news on Nuvei Corp. click here.

Shares of Nuvei Corp. closed at $32.41 yesterday.

... More

Wolfe Research Downgrades Nuvei Corp. (NVEI) to Peerperform on 'Buyout by Advent'

April 1, 2024 5:18 PM EDT

(Updated - April 1, 2024 5:19 PM EDT)

Wolfe Research analyst Darrin Peller downgraded Nuvei Corp. (NASDAQ: NVEI) from Outperform to Peerperform, after the company announced it is getting acquired by Advent International.

For an analyst ratings summary and ratings history on... More

Keefe, Bruyette & Woods Downgrades Nuvei Corp. (NVEI) to Market Perform

April 1, 2024 4:09 PM EDT

Keefe, Bruyette & Woods analyst Sanjay Sakhrani downgraded Nuvei Corp. (NASDAQ: NVEI) from Outperform to Market Perform with a price target of $34.00 (from $31.00).

For an analyst ratings summary and ratings history on Nuvei Corp.... More

Ryan Reynolds-backed Nuvei Corporation (NVEI) to be taken private in a $6.3 billion deal

April 1, 2024 12:54 PM EDT

Nuvei Corporation (NASDAQ: NVEI) announced it has agreed to be taken private by Advent International in a deal valued at approximately $6.3 billion.

The all-cash transaction will see Nuvei shareholders receive $34 per share in cash, representing a premium of approximately 56% over Nuvei's closing share... More

Nuvei Corporation (NVEI) Enters Go-Private Agreement with Advent International

April 1, 2024 12:34 PM EDT

Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI), today announced that it has entered into a definitive arrangement agreement (the "Arrangement Agreement") to be taken private by Advent International ("Advent"), one of the world's largest and most experienced global private equity investors, with the support of each of the Company's holders of multiple voting shares ("Multiple Voting Shares"), being Philip Fayer, certain investment funds... More

Advent said in advanced talks to acquire Nuvei Corporation (NVEI) - Bloomberg

April 1, 2024 8:39 AM EDT

Advent said in advanced talks to acquire Nuvei Corporation (NASDAQ: NVEI) - Bloomberg

confirms recent reportsIn March, the company said its board formed a special committee to evaluate and consider offers... More