Nayax price target raised to $52.80 from $46.82 at Jefferies

Jefferies raised the firm’s price target on Nayax (NYAX) to $52.80 from $46.82 and keeps a Buy rating on the shares after meeting with management. The firm left with a positive impression on Nayax’s growth algorithm and greater confidence in the company’s long-term margin expansion. Nayax is constructive on an acceleration in the second half of 2025 on the back of strong tier one customer feedback at recent trade shows in the U.S. and China, the analyst tells investors in a research note.