RE:JPMNuvei initiated with an Overweight at JPMorgan 04:43 NVEI JPMorgan analyst Tien-tsin Huang initiated coverage of Nuvei with an Overweight rating and $65 price target. The pandemic "ushered in a wave of complexity" for merchants to accept different digital payment modalities across the globe, and Nuvei solves this problem by providing a host of payment services through a single integration, Huang tells investors in a research note. The stock is down 59% from highs last fall largely on bear concerns surrounding disclosures and organic growth, which creates a good entry point, says the analyst.