Susquehanna Starts ADP (ADP) at Positive, VeriFone (PAY) at Neutral

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Susquehanna's Meghna Ladha initiated coverage on two stocks in the payment processing sector Thursday morning:

• Automatic Data Processing (NYSE: ADP) with an Positive rating and a $67 price target
  
• VeriFone (NYSE: PAY) with a Neutral rating and a $32 price target

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