Morgans reviews its earnings assumptions and marks-to-market earnings for stocks under its coverage in the Diversified Financials sector.

For Tyro Payments, while the broker makes minor changes to EPS estimates, the target price falls to $1.62 from $2.68 to incorporate the derating of multiples for peers since the last research note. The Add rating is maintained.

Sector: Software & Services.

Target price is $1.62.Current Price is $0.74. Difference: $0.88 - (brackets indicate current price is over target). If TYR meets the Morgans target it will return approximately 54% (excluding dividends, fees and charges - negative figures indicate an expected loss).

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