<div id="readability-page-1"><p><span>Priority Technology (NASDAQ:PRTH - Get Free Report)</span> was downgraded by Wall Street Zen from a &#34;buy&#34; rating to a &#34;hold&#34; rating in a note issued to investors on Saturday.</p><div><p><span></span><span>Get <strong>Priority Technology</strong> alerts:</span></p></div><p>Other analysts also recently issued reports about the company. Weiss Ratings  reiterated a &#34;hold (c)&#34; rating on shares of Priority Technology in a research report on Friday, March 27th. TD Cowen reduced their price objective on Priority Technology from $10.00 to $9.00 and set a &#34;buy&#34; rating on the stock in a research report on Wednesday, March 11th. TD Securities dropped their target price on Priority Technology from $10.00 to $9.00 and set a &#34;buy&#34; rating for the company in a research note on Wednesday, March 11th. Finally, Zacks Research lowered Priority Technology from a &#34;hold&#34; rating to a &#34;strong sell&#34; rating in a research note on Wednesday, March 11th. Three research analysts have rated the stock with a Buy rating, two have issued  a Hold rating and one  has issued  a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of &#34;Hold&#34; and an average target price of $8.75.</p><p><b>View Our Latest Report on Priority Technology</b></p><h2>Priority Technology Stock Performance</h2><p>PRTH opened at $5.62 on Friday. The business's fifty day moving average is $5.14 and its two-hundred day moving average is $5.58. The company has a market cap of $462.86 million, a price-to-earnings ratio of 8.15 and a beta of 1.49. Priority Technology has a one year low of $4.44 and a one year high of $8.89. </p><p>Priority Technology (NASDAQ:PRTH - Get Free Report) last posted its earnings results on Tuesday, March 10th. The company reported $0.27 EPS for the quarter, missing analysts' consensus estimates of $0.29 by ($0.02). The firm had revenue of $247.13 million for the quarter, compared to analysts' expectations of $247.92 million. Priority Technology had a negative return on equity of 66.50% and a net margin of 5.84%. On average, analysts predict that  Priority Technology will post 1.17 EPS for the current fiscal year. </p><h2>Institutional Investors Weigh In On Priority Technology</h2><p>Several institutional investors and hedge funds have recently added to or reduced their stakes in PRTH. Wells Fargo &amp; Company MN increased its stake in  Priority Technology by 1,912.7% during the fourth quarter. Wells Fargo &amp; Company MN now owns 711,136 shares of the company's stock worth $3,876,000 after acquiring an additional 675,803 shares during the last quarter.  Norwood Investment Partners LP purchased a new stake in shares of  Priority Technology in the fourth quarter worth about $3,433,000.  Beartown Capital Management LLC purchased a new stake in shares of  Priority Technology in the fourth quarter worth about $2,180,000.  FourWorld Capital Management LLC purchased a new stake in shares of  Priority Technology in the fourth quarter worth about $2,007,000.  Finally, AQR Capital Management LLC purchased a new stake in shares of  Priority Technology in the first quarter worth about $2,292,000. 11.52% of the stock is currently owned by institutional investors and hedge funds. </p><h2>Priority Technology Company Profile</h2> (Get Free Report)<p>Priority Technology Acquisition Corp is a special purpose acquisition company formed to effect a merger, capital stock exchange, asset acquisition, stock purchase, recapitalization or similar business combination with one or more businesses in the technology sector. As a blank-check company, it does not conduct any operations of its own and holds the proceeds from its initial public offering in a trust account pending the identification and completion of a business combination. </p><p>The company’s management team is focused on evaluating target businesses that offer scalable technology products or services, including software, digital platforms and related infrastructure.</p><h2>Read More</h2><ul><li>Five stocks we like better than Priority Technology</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UFJUSA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UFJUSA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Priority Technology Right Now?</h2><p>Before you consider Priority Technology, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Priority Technology wasn't on the list.</p><p>While Priority Technology currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

PRTH

<p>Wall Street Zen downgraded Priority Technology (NASDAQ:PRTH) from a "buy" to a "hold" rating. Other analysts have also issued mixed ratings, with Weiss Ratings maintaining a "hold (c)" and Zacks Research lowering it to a "strong sell." The stock has a consensus rating of "hold" and an average target price of $8.75. Priority Technology reported a quarterly EPS of $0.27, missing estimates, and has a market cap of $462.86 million. Institutional investors have increased their stakes significantly in the company recently.</p>

Priority Technology (NASDAQ:PRTH) Rating Lowered to Hold at Wall Street Zen