Form 6-K Paysafe Ltd For: Nov 13

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Go back to Form 6-K Paysafe Ltd For: Nov 13

BTIG Defending Paysafe (PSFE), 'Buying Opportunity After Unwarranted Selloff'

November 13, 2024 12:07 PM EST

BTIG analyst Andrew Harte reiterated a Buy rating and $26.00 price target on Paysafe (NYSE: PSFE).

The analyst comments "We are struggling to find any good reason PSFE is trading down ~25% today following its 3Q24 earnings report. The 3Q24 report was solid with top-and bottom-line beats and a reaffirmation of FY24 guidance. Merchant Solutions gross profit (GP) grew 10.8%... More