01:19 PM EDT, 03/27/2025 (MT Newswires) -- Priority Technology ( PRTH ) received an upgraded to its credit rating to B1 from B2 from Moody's, Priority said Thursday.

Moody's said the upgrade reflects the company's sustained revenue growth, simple and cost-effective capital structure favoring cash flow, and projected debt reduction through earnings growth, according to Priority.

Priority shares were down nearly 2% in recent trading.

Price: 7.37, Change: -0.13, Percent Change: -1.73