Jefferies analyst Hannes Leitner raised the firm’s price target on Nayax (NYAX) to $46.23 from $38.09 and keeps a Buy rating on the shares ahead of the Q4 report on February 20. The firm expects the company’s total revenue to grow 40%, driven by customer growth of 35%, and gross margin to expand by 7% as hardware margins further contribute. Jefferies cites the announced ceasefire in the Middle East for the target increase.
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