Cantor Fitzgerald analyst Josh Siegler downgraded Paya Holdings (PAYA) to Neutral from Overweight with a price target of $9.75, up from $9, after Nuvei (NVEI) agreed to acquire Paya in an all-cash transaction at $9.75 per share for total consideration of approximately $1.3B.
Published first on TheFly
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- Paya Holdings downgraded to Market Perform from Outperform at William Blair
- Paya Surges after Nuvei’s $1.3 Billion Acquisition
- Nuvei to aquire Paya Holdings for $9.75 per share in cash, or $1.3B
