PSFE Crosses Above Average Analyst Target
July 01, 2024 at 12:35 PM EDT
In recent trading, shares of Paysafe Ltd (PSFE) have crossed above the average analyst 12-month target price of $17.62, changing hands for $17.68/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..
