In general, companies which are involved in digital payments and e-commerce are well positioned to benefit from growing consumer trends, and PaySafe Limited (PSFE) is no exception. The multinational also operates an iGaming payment system, which integrates digital wallets, cards, and cash for consumers to easily access funds for online gambling and other purchases. (See PSFE stock analysis on TipRanks)  Publishing an optimistic report on the company, four-star analyst David Togut of Evercore ISI wrote that in the long-term, PaySafe has an “attractive, low double-digit organic revenue,” and has a leading role in the iGaming industry. Togut initiated a Buy rating on the stock, as well as a price target of $16, reflecting a 30.51% potential upside from the company’s current valuation.
https://www.tipranks.com/news/article/paysafe-poised-for-profit
Paysafe (NYSE:PSFE)
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