Keefe Bruyette lowered the firm’s price target on Priority Technology (PRTH) to $12 from $14 and keeps an Outperform rating on the shares. The company’s recapitalization actions in 2024 will allow Priority Technology to manage through periods of economic weakness, the analyst tells investors in a research note.
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Read More on PRTH:
- Priority Technology Holdings Faces Operational Risks: Cyberattacks and Disasters Threaten Service Continuity
- Priority Technology Holdings Reports Strong 2024 Growth
- Priority Technology sees FY25 revenue $965 M-$1B , consensus $972.73M
- Priority Technology reports Q4 EPS 18c vs. 2c last year
- Priority Technology Holdings (PRTH) Q4 Earnings Cheat Sheet
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