PAYO Payoneer Global Inc

This article identifies 12 low-priced stocks with high upside potential, highlighting Payoneer Global Inc. (NASDAQ: PAYO) as an example. It details Payoneer's recent performance, strategic partnerships, and financial growth. The company reported a 9% increase in quarterly revenue and a 49% increase in Checkout revenue, driven by its B2B segment and a move towards higher-value customers.

Payoneer Global Inc. (NASDAQ:PAYO) has received a consensus "Moderate Buy" rating from nine brokerages, with an average 12-month price target of $9.00. The company reported Q3 EPS of $0.04, missing estimates, but revenue of $270.85 million surpassed expectations and grew 9.1% year-over-year. Institutional ownership is high at 82%, with significant investments from Invesco and Azora Capital.

Payoneer Global Inc. (NASDAQ:PAYO) has received a "Moderate Buy" consensus rating from analysts, with an average 12-month price target of $9.00. Despite missing quarterly EPS estimates, the company exceeded revenue forecasts and maintains a market capitalization of $2.02 billion. Institutional investors hold a significant portion of the stock.

Payoneer Global (NASDAQ: PAYO) shares dropped by almost 4% today after Benchmark analyst Mark Palmer cut his price target for the fintech company from $12 to $10. Despite the reduction, Palmer maintained his "buy" recommendation, indicating continued bullish sentiment on Payoneer's prospects. The stock's performance reflects the immediate impact of analyst revisions on market valuation.

Payoneer Global stock plunged by almost 4% after an analyst from Benchmark, Mark Palmer, reduced his price target for the fintech company to $10 from $12 per share. Despite the cut, Palmer maintained his "buy" recommendation, citing expectations of long-term growth for Payoneer's services to small and mid-sized businesses, though macroeconomic uncertainty influenced the price target adjustment.

Payoneer Global (NASDAQ: PAYO) shares dropped nearly 4% after a Benchmark analyst, Mark Palmer, reduced his price target for the fintech company from $12 to $10 per share. This adjustment was attributed to expectations of continued macroeconomic uncertainty impacting the company's fundamentals. Despite the revised price target, Palmer maintained a "buy" recommendation, citing Payoneer's long-term growth potential in providing services to small and mid-sized businesses.