US LNG exports surge but will buyers in China turn up?
Investing.com - TD Cowen has raised its price target on Priority Technology Holdings Inc. (NASDAQ:PRTH) to $11.00 from $10.00 while maintaining a Buy rating on the stock. According to InvestingPro data, analysts’ targets for PRTH range from $10 to $16, suggesting significant upside potential. The company, currently valued at nearly $600 million, appears undervalued based on InvestingPro’s Fair Value analysis.
The firm cited Priority Technology’s solid second quarter performance, which exceeded expectations across revenue, gross profit, and EBITDA by 0.1%, 1.4%, and 2.8% respectively, demonstrating effective execution amid relatively stable market conditions. The company’s trailing twelve-month revenue reached $898.6 million, with a healthy 15.8% growth rate. InvestingPro analysis reveals 7 additional key insights about PRTH’s financial health, available to subscribers.
TD Cowen highlighted the company’s small and medium-sized business (SMB) segment as a standout performer with 9.5% growth in its core operations, indicating continued market share gains in this area.
The business-to-business (B2B) segment benefited from a favorable mix, while the Enterprise division maintains significant growth potential exceeding 20%, despite the absence of major countercyclical tailwinds.
According to TD Cowen, Priority Technology has potential for multiple expansion if it successfully executes on its anticipated second-half ramp in performance.
In other recent news, Priority Technology Holdings Inc. reported strong financial results for the second quarter of 2025. The company exceeded Wall Street expectations with an earnings per share (EPS) of $0.26, significantly higher than the forecasted $0.17. This marks a notable 52.94% surprise for investors. Additionally, Priority Tech’s revenue slightly surpassed projections, reaching $239.8 million compared to the anticipated $239.63 million. These financial results have been positively received in the market, reflecting investor confidence in the company’s performance.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.