Bullboard - Stock Discussion Forum Nuvei Corp T.NVEI

Alternate Symbol(s): NVEI

Nuvei Corporation is a fintech company. The Company provides electronic payment technology solutions to merchants and partners in North America, Europe, Middle East and Africa, Latin America and Asia-Pacific. Its solutions span the entire payments stack and include an integrated payments engine with global processing capabilities and a suite of data-driven business intelligence tools and risk... see more

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Nuvei Corp > Nuvei's Investment Rating Is Going Down The Tubes

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Post by NLMoose on Aug 09, 2023 11:02pm

Nuvei's Investment Rating Is Going Down The Tubes

Looks like Nuvei are now paying a price for their poor cost management as one investment company after another are seriously demoting the stock's outlook and value.

In fact, Will Nance from Goldman Sachs not only downgraded its Investment Rating from Buy to Hold, but he dramatically lowered the price target to $29.52 a share.

Don't be surprised if other investment firms also seriously demote Nuvei and lower the target price like Goldman Sachs just did.

Look at what you done Philip Fayer and Nuvei.

I hope that Nuvei are happy, they will soon join Nortel Networks, Corel, and Blackberry (formerly Research In Motion) in a list of Canadian based tech companies starting off successful, and ended up as failures.

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