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Bullboard - Stock Discussion Forum Nuvei Corp T.NVEI

Alternate Symbol(s):  NVEI

Nuvei Corporation is a Canadian fintech company accelerating the business of clients around the world. Its modular, flexible and scalable technology allows companies to accept payments, offer all payout options and benefit from card issuing, banking, risk and fraud management services. Connecting businesses to their customers in over 200 markets, with local acquiring in 50 markets, 150... see more

TSX:NVEI - Post Discussion

Nuvei Corp > $30 Price Target
View:
Post by Duster340 on Aug 15, 2023 2:14pm

$30 Price Target

Scotiabank analyst Paul Steep lowered the price target on Nuvei Corp. (NASDAQ: NVEI) to $30.00 (from $50.00) while maintaining a Sector Outperform rating.
Comment by buttertart on Aug 15, 2023 3:54pm
LMFAO. 
Comment by Superman.com on Aug 16, 2023 10:03am
Look out Shorts, better start covering your fullyexposed.............LMFAO
Comment by AlwaysLong683 on Aug 16, 2023 10:40am
My hunch is the vast majority of the firms (including Spruce Point) that initiated their short positions weeks or months ago covered in full when Nuvei's share price tanked, so they're likely long gone with their pockets stuffed with cash. Most shorts aren't greedy - they don't try to squeeze every penny out of a stock before covering. They have their cover price targets and I ...more