Payoneer Stock Drops, Analysts Keep Buy Rating

Payoneers stock dropped 4.3% following Benchmarks price target cut from $12 to $10, citing macroeconomic uncertainty and U.S. tariff changes impacting small and medium-sized businesses. Despite the lower target, Benchmark maintained its buy rating, viewing challenges as manageable. Investors largely ignored the news, considering the stocks volatility, with Payoneer down 45.5% YTD and a 5-year return of $539 on a $1000 investment. Some view recent drops as buying opportunities.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.