Payoneer Global price target raised to $10 from $9 at Northland

Northland raised the firm’s price target on Payoneer Global to $10 from $9 and keeps an Outperform rating on the shares. Payoneer is “coming off of a solid 2Q24 print,” driven by solid core revenue growth, volume, ICP growth, B2B, and Marketplace performance, notes the firm, which sees momentum continuing into the back half of the year.