VeriFone (PAY) Target Lifted to $38 at Jefferies
Jefferies analyst Jason Kupferberg reiterated a Buy rating and boosted his price target on VeriFone (NYSE: PAY) from $34 to $38 post Q3 results.
"Our price target change takes into account the company's increased FY14 guidance and expected multiple expansion related to increased visibility and improvement in management execution," the analyst said.
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 $32.81 yesterday.
"Our price target change takes into account the company's increased FY14 guidance and expected multiple expansion related to increased visibility and improvement in management execution," the analyst said.
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 $32.81 yesterday.