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Initiation
Cowen reinstates Priority Technology with Outperform, $13 target » 07:25
04/05/21
04/05
07:25
04/05/21
07:25
PRTH

Priority Technology

$7.23 /

+0.29 (+4.18%)

Cowen analyst George…

Cowen analyst George Mihalos reinstated coverage of Priority Technology with an Outperform rating and $13 price target. The analyst views Priority's 2021 organic outlook as achievable and is encouraged by the pending Finxera acquisition. After the deal closing, Priority expects to be able to offer merchants a one-stop shop for customers with product offerings of merchant services, payment facilitation, card issuing, virtual banking, and e-wallet tools, Mihalos tells investors in a research note. He views Finxera's offerings as complementary to Priority in key verticals such as real estate.

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PRTH Priority Technology
$7.23 /

+0.29 (+4.18%)

PRTH Priority Technology
$7.23 /

+0.29 (+4.18%)

04/05/21 Cowen
Priority Technology reinstated with an Outperform at Cowen
03/16/21 Roth Capital
Priority Technology price target raised to $13 from $8 at Roth Capital
03/08/21 Alliance Global Partners
Priority Technology price target raised to $18.50 from $16 at Alliance Global Partners
06/30/20 Roth Capital
Priority Technology assumed with a Buy at Roth Capital
PRTH Priority Technology
$7.23 /

+0.29 (+4.18%)

Initiation
Priority Technology reinstated with an Outperform at Cowen » 06:19
04/05/21
04/05
06:19
04/05/21
06:19
PRTH

Priority Technology

$7.23 /

+0.29 (+4.18%)

Cowen analyst George…

Cowen analyst George Mihalos reinstated coverage of Priority Technology with an Outperform rating.

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PRTH Priority Technology
$7.23 /

+0.29 (+4.18%)

PRTH Priority Technology
$7.23 /

+0.29 (+4.18%)

03/16/21 Roth Capital
Priority Technology price target raised to $13 from $8 at Roth Capital
03/08/21 Alliance Global Partners
Priority Technology price target raised to $18.50 from $16 at Alliance Global Partners
06/30/20 Roth Capital
Priority Technology assumed with a Buy at Roth Capital
PRTH Priority Technology
$7.23 /

+0.29 (+4.18%)

Over a month ago
Earnings
Priority Technology reports Q4 EPS (1c), two estimates (8c) » 19:31
03/16/21
03/16
19:31
03/16/21
19:31
PRTH

Priority Technology

$7.47 /

-0.11 (-1.45%)

Reports Q4 revenue…

Reports Q4 revenue $106.1M, two estimates $105.62M. CEO Tom Priore : "The momentum that we built in the third quarter continued through the fourth quarter and while these successes would have been meaningful in any year, I am especially proud of our team given the challenges presented by the pandemic. We produced growth in revenue, gross profit and adjusted EBITDA and with our Finxera acquisition, we will be a one stop-shop for payments and virtual bank account management that today's merchants and modern software companies are seeking in order to manage and monetize their payment networks. We have executed on our plan to build out our Payment Infrastructure as a Service solutions while continuing to grow our consumer, commercial and integrated payments divisions. We enter 2021 in growth mode with strong activity and a solid pipeline. We expect that the strength of our core acquiring business and complimentary high growth, countercyclical payment assets will drive strong financial performance in 2021."

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PRTH Priority Technology
$7.47 /

-0.11 (-1.45%)

PRTH Priority Technology
$7.47 /

-0.11 (-1.45%)

03/16/21 Roth Capital
Priority Technology price target raised to $13 from $8 at Roth Capital
03/08/21 Alliance Global Partners
Priority Technology price target raised to $18.50 from $16 at Alliance Global Partners
06/30/20 Roth Capital
Priority Technology assumed with a Buy at Roth Capital
Recommendations
Priority Technology price target raised to $13 from $8 at Roth Capital » 08:13
03/16/21
03/16
08:13
03/16/21
08:13
PRTH

Priority Technology

$7.79 /

-0.04 (-0.51%)

Roth Capital analyst…

Roth Capital analyst Andrew Scutt raised the firm's price target on Priority Technology to $13 from $8 and keeps a Buy rating on the shares after hosting CEO Tom Priore, CFO Michael Vollkommer, and CMO Dave Faupel for investor meetings at the 33rd Annual Roth Conference. The analyst notes that meetings highlighted the tactical opportunities from combining Priority and Finxera's technologies, creating an all-inclusive closed-loop banking and payments system. A bundled offering of Priority's Consumer and B2B payment platforms, alongside, Finxera's banking platform, simplifies capital management and payment needs of prospective customers, and keeps incremental capital within Priority's ecosystem, Scutt adds.

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PRTH Priority Technology
$7.79 /

-0.04 (-0.51%)

PRTH Priority Technology
$7.79 /

-0.04 (-0.51%)

03/08/21 Alliance Global Partners
Priority Technology price target raised to $18.50 from $16 at Alliance Global Partners
06/30/20 Roth Capital
Priority Technology assumed with a Buy at Roth Capital
Recommendations
Priority Technology price target raised to $18.50 from $16 at Alliance Global Partners » 19:15
03/08/21
03/08
19:15
03/08/21
19:15
PRTH

Priority Technology

$6.39 /

-0.33 (-4.91%)

Alliance Global Partners…

Alliance Global Partners analyst Brian Kinstlinger raised the firm's price target on Priority Technology to $18.50 from $16 and keeps a Buy rating on the shares. The analyst says his new price target reflects the company's Finxera acquisition, with the deal "substantially" improving Priority's margin profile and generating significant operating leverage while adding an estimated $75M of revenue.

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PRTH Priority Technology
$6.39 /

-0.33 (-4.91%)

PRTH Priority Technology
$6.39 /

-0.33 (-4.91%)

06/30/20 Roth Capital
Priority Technology assumed with a Buy at Roth Capital
Conference/Events
Priority Technology to hold a conference call » 15:50
03/08/21
03/08
15:50
03/08/21
15:50
PRTH

Priority Technology

$6.34 /

-0.38 (-5.65%)

Conference call to…

Conference call to discuss the acquisition of Finxera will be held on March 8 at 4 pm. Webcast Link

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PRTH Priority Technology
$6.34 /

-0.38 (-5.65%)

PRTH Priority Technology
$6.34 /

-0.38 (-5.65%)

06/30/20 Roth Capital
Priority Technology assumed with a Buy at Roth Capital
Conference/Events
Priority Technology to hold a conference call » 08:28
03/08/21
03/08
08:28
03/08/21
08:28
PRTH

Priority Technology

$6.70 /

-0.3 (-4.29%)

Conference call to…

Conference call to discuss the acquisition of Finxera will be held on March 8 at 4 pm. Webcast Link

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PRTH Priority Technology
$6.70 /

-0.3 (-4.29%)

PRTH Priority Technology
$6.70 /

-0.3 (-4.29%)

06/30/20 Roth Capital
Priority Technology assumed with a Buy at Roth Capital
Hot Stocks
Priority Technology to acquire Finxera, terms not disclosed » 07:02
03/08/21
03/08
07:02
03/08/21
07:02
PRTH

Priority Technology

$6.70 /

-0.3 (-4.29%)

Priority Technology and…

Priority Technology and Finxera Holdings, a pioneer in the fintech industry that launched and operated one of the first Banking as a Service platforms, announced they have entered into a definitive agreement to merge. Finxera will operate as a wholly owned subsidiary of Priority. The transaction is expected to close in the third quarter.

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PRTH Priority Technology
$6.70 /

-0.3 (-4.29%)

PRTH Priority Technology
$6.70 /

-0.3 (-4.29%)

06/30/20 Roth Capital
Priority Technology assumed with a Buy at Roth Capital
Over a quarter ago
Hot Stocks
Priority Technology hires Dave Faupel as its new CMO » 08:05
11/02/20
11/02
08:05
11/02/20
08:05
PRTH

Priority Technology

$2.89 /

+0.05 (+1.76%)

Priority Technology…

Priority Technology announced that the board has approved the expansion of its senior leadership team with the hire of Dave Faupel as its new CMO. With over 25 years of marketing experience across a wide array of industries, Faupel has a background building marketing teams to drive brand awareness and growth at fintech, martech and healthcare companies. Before joining Priority, Dave was the VP of marketing for North America for Sage. At Sage, Dave helped to increase marketing-driven revenue and launched the newest cloud portfolio for small businesses in the U.S.

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PRTH Priority Technology
$2.89 /

+0.05 (+1.76%)

PRTH Priority Technology
$2.89 /

+0.05 (+1.76%)

06/30/20 Roth Capital
Priority Technology assumed with a Buy at Roth Capital
Hot Stocks
MRI Software to acquire Priority Technology's RentPayment business » 06:02
09/01/20
09/01
06:02
09/01/20
06:02
PRTH

Priority Technology

$1.99 /

-0.04 (-1.97%)

MRI Software and Priority…

MRI Software and Priority Technology have entered into a strategic agreement in real estate payments. Under the terms of the agreement, MRI will acquire Priority's RentPayment business, which is comprised of the RentPayment.com, StorageRentPayment.com and DuesPayment.com real estate payment brands. Going forward, Priority will provide ongoing payment infrastructure as a service and processing to the new platform at MRI. The transaction is expected to close in the third quarter and is subject to customary regulatory approval.

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PRTH Priority Technology
$1.99 /

-0.04 (-1.97%)

PRTH Priority Technology
$1.99 /

-0.04 (-1.97%)

06/30/20 Roth Capital
Priority Technology assumed with a Buy at Roth Capital
10/11/19 Roth Capital
Priority Technology initiated with a Buy at Roth Capital

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