Euronet price target raised to $140 from $136 at DA Davidson

DA Davidson raised the firm’s price target on Euronet (EEFT) to $140 from $136 and keeps a Buy rating on the shares. The company reported solid Q4 results, having generated 15% y/y growth in non-GAAP EPS for the year, the analyst tells investors in a research note. At its current levels, the stock trades at an enterprise value multiple of 6.5-7.0 times its 2026 adjusted EBITDA forecast, which compares to an average forward enterprise value multiple of 10- to 11- times over the last 6 years, the firm added.