Goldman Sachs downgraded its rating of Paymentus Holdings PAY to Neutral with a price target of $16.00, changing its price target from $19.00 to $16.00.
Shares of Paymentus Holdings are trading down 27.66% over the last 24 hours, at $13.10 per share.
A move to $16.00 would account for a 22.14% increase from the current share price.
About Paymentus Holdings
Paymentus Holdings Inc is a provider of cloud-based bill payment technology and solutions. The platform provides billers with easy-to-use, flexible and secure electronic bill payment experiences powered by an omni-channel payment infrastructure that allows consumers to pay bills using their preferred payment type and channel.
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