Wedbush Morgan Starts Euronet Worldwide (EEFT) at Hold
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Wedbush Morgan initiates coverage on Euronet Worldwide Inc. (Nasdaq: EEFT) with a Hold rating and $17 price target.
The firm said, "We believe that given current valuation levels, Euronet represents an attractive growth investment relatively uncorrelated with U.S. market risk. However, we are initiating coverage with a HOLD rating pending more predictable financial results."
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