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PAYS - PaySign drops 13% with Ladenburg Thalmann's downgrade from buy to neutral
Paysign Inc.
Ladenburg Thalmann downgraded PaySign (PAYS -14.5%) from "buy" rating to a "neutral" rating Recently, the stock dropped 8% after Q4 revenue miss, 2022 guidance disappoints. Company said it expects 2022 revenue of $35.25M to $38.35M, up from about $29.5M in 2021. The stock has a market cap of ~$130M.