Stephens & Co. Maintains Overweight Rating for i3 Verticals: Here's What You Need To Know

Stephens & Co. has decided to maintain its Overweight rating of i3 Verticals IIIV and lower its price target from $32.00 to $28.00.

Shares of i3 Verticals are trading up 0.0% over the last 24 hours, at $19.84 per share.

A move to $28.00 would account for a 41.13% increase from the current share price.

About i3 Verticals

i3 Verticals Inc offers integrated payment and software solutions to small and medium-sized businesses and organizations in strategic vertical markets. Its operating segment includes Merchant Services and Proprietary Software and Payments. The company generates maximum revenue from the Proprietary Software and Payments. The company's strategic vertical market includes schools, the public sector, not-for-profit organizations, and healthcare. It provides various solutions such as event management, gateway, payment processing, online payment, gift and loyalty programs, among others.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.