Investing.com -- Deutsche Bank initiated coverage on Payoneer Global Inc with a "Buy" rating and a $13 price target, citing the company’s strong positioning in cross-border fintech services for small and medium-sized businesses (SMBs).
The brokerage said Payoneer, which operates in 190 countries and serves over 2 million active customers, benefits from key fintech trends and has the potential to accelerate core revenue growth beyond 2025. However, risks include its ability to meet long-term revenue targets and exposure to macro-sensitive micro-SMBs in emerging markets.
Deutsche Bank (ETR:DBKGn) also initiated Shift4 Payments Inc (NYSE:FOUR) with a "Hold" rating and a $120 price target, citing concerns over its long-term organic growth profile and reliance on acquisitions. The firm also flagged uncertainty around CEO Jared Isaacman’s upcoming departure, which could impact the company's strategic direction.
While acknowledging Shift4's strong execution, Deutsche Bank said it would wait for more clarity, particularly at the company's investor day on Feb. 18, before turning more constructive on the stock.
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