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Paymentus price target raised to $16 from $11 at Wedbush
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Paymentus price target raised to $16 from $11 at Wedbush

Wedbush analyst Moshe Katri raised the firm’s price target on Paymentus to $16 from $11 and keeps a Neutral rating on the shares. The firm notes the company reported a Q3/2023 beat, while raising its 2023 guidance. Management pointed to a robust booking pipeline driving visibility for 2023 and 2024, respectively.

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