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JPMorgan Noted Kaspi.kz’s (KSPI) Softening 2026 Fintech Outlook, Lowered PT
Yahoo Finance· 2025-12-10 00:19
Joint Stock Company Kaspi.kz (NASDAQ:KSPI) is one of the best new tech stocks to buy right now. On December 4, JPMorgan analyst Reginald Smith lowered the firm’s price target on Kaspi.kz to $88 from $96 and kept a Neutral rating on the shares as the firm broadly updated its 2026 outlook on the financial technology group. JPMorgan forecasts a soft-landing grind for the sector in 2026, predicting slowing real growth due to a weakening labor market and the delayed impact of tariffs. In Q3 2025, the company r ...