Goldman Sachs Bumps Price Target/Estimates On VeriFone (PAY)
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Price: $40.00 +4.11%
Rating Summary:
7 Buy, 26 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
7 Buy, 26 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Goldman Sachs raised estimates and its price target on Neutral-rated VeriFone (NYSE: PAY) from $41 to $43.
The firm now sees EPS of $1.89/ $2.45/$2.75 versus their prior view of $1.88/$2.35/$2.65.
While Goldman is constructive on the company's positioning in the point-of-sale (POS) terminal industry, they retain their Neutral rating given the uncertain economic backdrop and balanced risk/reward.
For an analyst ratings summary and ratings history on VeriFone click here. For more ratings news on VeriFone click here.
Shares of VeriFone closed at $42.98 yesterday.
The firm now sees EPS of $1.89/ $2.45/$2.75 versus their prior view of $1.88/$2.35/$2.65.
While Goldman is constructive on the company's positioning in the point-of-sale (POS) terminal industry, they retain their Neutral rating given the uncertain economic backdrop and balanced risk/reward.
For an analyst ratings summary and ratings history on VeriFone click here. For more ratings news on VeriFone click here.
Shares of VeriFone closed at $42.98 yesterday.
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