** Jefferies downgrades payment solutions provider SmartPay SPY.NZ on co's recent share price appreciation driven by two bids
** Brokerage makes no changes to earnings, stating current business holds fair value
** Jefferies says transitioning NZ business to an acquiring revenue model like AU could enhance valuations and SPY is set to widen this approach to more existing and new merchants soon
** Downgrades to 'hold' from 'buy'; keeps target price of ASX-listed shares SMP.AX at A$0.80
** SPY up 34.7% YTD
(Reporting by Kumar Tanishk in Bengaluru)
((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk;))
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。