UK's PayPoint rises, backs medium-term financial target
** Shares of payments company PayPoint PAYP.L up about 1.3% at 639p
** PAYP says focused execution across its four business units, strong cash generation and disciplined capital allocation give co confidence in delivering sustainable growth, attractive shareholder returns
** Co reaffirms medium-term financial target of delivering 5%–8% net rev growth per annum
** YTD, stock rises 32%