JPMorgan downgraded VeriFone (NYSE: PAY) from Overweight to Neutral with a price target of $24.00 (from $34.00).

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 $28.23 yesterday.

Analyst PT Change Downgrades

VeriFone (PAY) Price Target Reduced to $19 at Deutsche BankJune 8, 2016 9:42 AM Jefferies Reiterates Buy as VeriFone Systems (PAY) Cuts Guidance June 8, 2016 8:21 AM Compass Point Downgrades VeriFone (PAY) to NeutralJune 8, 2016 7:45 AM Wedbush Cuts price Target on VeriFone Systems (PAY) Following Mixed 2Q Results June 8, 2016 7:36 AM Pacific Crest Downgrades VeriFone (PAY) to Sector WeightJune 8, 2016 6:45 AM Barclays Downgrades VeriFone (PAY) to EqualweightJune 8, 2016 6:42 AM VeriFone Systems (PAY) Misses Q2 EPS by 5c; Will Undertake Strategic Review; Q3, FY16 Guidance Falls ShortJune 7, 2016 4:04 PM Verifone Reports Results for the Second Quarter of Fiscal 2016June 7, 2016 4:02 PM