Evertec (EVTC) Tops Q1 EPS by 16c

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Go back to Evertec (EVTC) Tops Q1 EPS by 16c

JPMorgan Upgrades EVERTEC (EVTC) to Neutral

May 2, 2018 4:15 AM EDT

JPMorgan upgraded EVERTEC (NYSE: EVTC) from Underweight to Neutral with a price target of $20.00 (from $15.00).

Analyst Tien-tsin Huang believes the valuation is more fair and that while some uncertainty remains regarding migration and austerity measure, the higher EPS baseline drives an... More