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Benchmark Cuts PT on Payoneer Global (PAYO) to $7 From $10 – Here’s Why
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Payoneer Global Inc. (NASDAQ:PAYO) is one of the best penny stocks to buy according to Reddit. On March 6, Benchmark cut the price target on Payoneer Global Inc. (NASDAQ:PAYO) to $7 from $10 while maintaining a Buy rating on the shares. The firm stated that investors are focused on declining interest income on funds its customers hold on its platform, and that has overshadowed the company’s strengthening operating fundamentals and various strategic initiatives. It further pointed out that the stock has seen its price “languish near multi-year lows” in the aftermath of its Q4 report despite growing steadily, continuing to expand its role in the global payments sector, and generating substantial cash flow. Payoneer Global Inc. (NASDAQ:PAYO) announced its fiscal Q4 and full-year 2025 earnings on February 26, reporting that SMB customer revenue of $197 million rose 9% year-over-year. The company also reported $1.6 billion of spend on Payoneer cards, up 6% year-over-year, reflecting continued, though more muted, growth with large ecomm sellers at 15%, which it attributed to tariff-related headwinds to spending behavior, and softness in Latin America. Payoneer Global Inc. (NASDAQ:PAYO) is a financial technology company that enables small and medium-sized businesses (SMBs) to do business, transact, and grow globally. Its financial stack offers a suite of cross-border accounts receivable (AR) and accounts payable (AP) capabilities, including multicurrency account capabilities, and includes services such as working capital and funds management. While we acknowledge the potential of PAYO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 15 Stocks That Will Make You Rich in 10 Years AND 12 Best Stocks That Will Always Grow. Disclosure: None. Follow Insider Monkey on Google News.