Updates
** U.S.-listed shares of Israeli fintech company Nayax NYAX.O jump 9.1% to $36.94 after William Blair upgrades stock's rating to "outperform" from "market perform"
** Brokerage says investors' inability to accumulate positions in the U.S. due to very low trading volume had been the main reason for its "market perform" rating
** Says it is encouraged by the progress co has made and believes that continued fundamental outperformance could drive increased investor recognition and further improvements in liquidity
** NYAX's U.S.-listed shares are up 111% as of last close since William Blair launched coverage in April 2023
** Brokerage believes retrofitting vending machines and growing with existing customers will remain key growth drivers for Nayax
** 1 brokerage rates the stock "buy" and 3 "hold"; median PT $35.50 - data compiled by LSEG
(Reporting by Arasu Kannagi Basil in Bengaluru)
((ArasuKannagi.Basil@thomsonreuters.com;))
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