Paymentus (NYSE:PAY – Get Free Report) was downgraded by stock analysts at Robert W. Baird from an “outperform” rating to a “neutral” rating in a note issued to investors on Thursday, Marketbeat reports. They presently have a $34.00 target price on the business services provider’s stock. Get Paymentus alerts:Get Our Latest Stock Report on PaymentusPaymentus Stock Up 7.3%Paymentus stock opened at $36.62 on Thursday. Handelsbanken Fonder AB now owns 18,300 shares of the business services provider’s stock worth $442,000 after buying an additional 8,600 shares during the period. Paymentus Company Profile(Get Free Report)Paymentus is a U.S.-based financial technology company that specializes in cloud-native bill payment and presentment solutions.