Wedbush Reiterates an 'Outperform' on NCR Corp. (NCR) and Raises Estimates; Aircraft Carrier Well into its Turn

Wedbush reiterates an 'Outperform' on NCR Corp. (NYSE: NCR), PT $27.

Wedbush analyst said, "We believe NCR remains poised to exceed expectations as core ATM and Retail businesses see accelerating growth in 2011...We believe that NCR and its $5bn+ of revenue have passed the inflection point, and as revenue accelerates into high single digit growth this year, it carries upside to both top and bottom line estimates...Raising 2012 estimates to $1.80 from $1.79 and shifting earnings to Q2 from Q4 to reflect current share gains at higher margins."

For more ratings news on NCR Corp. click here and for the rating history of NCR Corp. click here.

Shares of NCR Corp. closed at $18.89 yesterday.

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