Credit Suisse upgraded Nuvei to Outperform from Neutral with a price target of $45, up from $37. Following the company’s Q4 report, the firm believes Nuvei is now past the "bulk of the cryptocurrency-related headwinds." FY23 results were guided ahead of the firm’s prior estimates and an updated medium-term framework suggests profitable compounding ahead, the analyst tells investors.
Published first on TheFly
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