Maxim Group set a $4.00 price objective on Payment Data Systems (NASDAQ:PYDS) in a report released on Monday morning. The brokerage currently has a buy rating on the business services provider’s stock.
Several other brokerages have also recently issued reports on PYDS. ValuEngine raised Payment Data Systems from a sell rating to a hold rating in a report on Sunday, December 31st. TheStreet cut Payment Data Systems from a c- rating to a d rating in a report on Tuesday, January 16th.
Shares of PYDS stock opened at $1.68 on Monday. Payment Data Systems has a 52-week low of $1.17 and a 52-week high of $4.10.
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About Payment Data Systems
Payment Data Systems, Inc is engaged in the business of processing electronic payments for other companies, including a range of automated clearing house (ACH) processing, credit, prepaid card and debit card-based processing. The Company is an integrated payment solutions provider offering a range of services to merchants, billers, banks, service bureaus, and card issuers.
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