Paysafe price target raised to $22 from $21 at BTIG

BTIG raised the firm’s price target on Paysafe to $22 from $21 and keeps a Buy rating on the shares. The company’s Q2 report featured top- and bottom-line beats, driving by strength in the Merchant Solutions and Digital Wallets segments, the analyst tells investors in a research note. The firm is “encouraged by the earnings report, saying it showed solid progress in Paysafe’s major key performance indicators.