Repay Holdings price target raised to $13 from $10 at Truist

Truist raised the firm’s price target on Repay Holdings to $13 from $10 and keeps a Buy rating on the shares. The firm remains constructive on the company’s competitive advantaged vertical debit Acquiring model, and believes that its market and wallet share gains, growing adoption of value-added services, like instant deposit and new offerings can support high-single digit organic revenue growth, the analyst tells investors in a research note.