Quote:Paysign initiated with a Buy at DA Davidson. DA Davidson analyst Peter Heckmann initiated coverage of Paysign with a Buy rating and $16 price target. The analyst says the company has generated an "impressive" growth over the past 5 years and expects its top-line trends to remain strong. Heckmann further notes that Paysign should see margin expansion from 2019 to 2021 and believes that the recent pullback in the stock price presents a buying opportunity.

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