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Priority Technology price target lowered to $8 from $9 at Alliance Global Partners
The Fly

Priority Technology price target lowered to $8 from $9 at Alliance Global Partners

Alliance Global Partners lowered the firm’s price target on Priority Technology to $8 from $9 and keeps a Buy rating on the shares after the company reported Q4 results. The firm, which expects adoption by enterprises will be a primary driver of growth, believes the trading volume and the balance sheet are overhangs that are holding back the stock.

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