VeriFone Systems (PAY) Announces $200M Common Stock Buyback Plan

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Go back to VeriFone Systems (PAY) Announces $200M Common Stock Buyback Plan

Argus Upgrades VeriFone (PAY) to Buy

September 30, 2015 8:33 AM EDT

Argus upgraded VeriFone (NYSE: PAY) from Hold to Buy with a price target of $35.00 with shares down more than 25% year-to-date, and well off their June high of $39.

"We believe that the pullback has been driven mainly by nonfundamental factors and that the current... More