Nayax price target raised to ILS 131.70 from ILS 125.50 at Jefferies

Jefferies raised the firm’s price target on Nayax (NYAX) to ILS 131.70 from ILS 125.50 and keeps a Buy rating on the shares. While Q3 results were damped by lump point-of-sale sales, the firm believes Nayax executed towards its Buy thesis laid out in a recent transfer note. With soft key performance indicator trends remaining strong, Jefferies sees Nayax on track towards its mid-term ambition.