Priority Technology Holdings' Price Target Cut to $11, Buy Ratings Remain

Priority Technology Holdings (PRTH) has seen its price target cut to $11, despite a steady fair value estimate of $10.20. Analysts remain bullish on the company's execution and ownership developments, with Alliance Global Partners and B. Riley maintaining Buy ratings. The Q3 revenue and adjusted EBITDA miss has led to a recalibration of expected upside, with Alliance Global Partners and B. Riley trimming their targets from $13 and $16 to $11, respectively.