NCR to Separate Into Two Independent, Industry-leading Companies

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RBC Comments on NCR Corp. (NCR) Separation into Two Companies: 'Not the outcome we were hoping for'

September 16, 2022 9:16 AM EDT

RBC Capital analyst Daniel Perlin reiterated an Outperform rating and $44.00 price target on NCR Corp. (NYSE: NCR).

The analyst comments "Classic separation of growth vs. cash flow. Based on the press release, the strategic plan calls for splitting the company into two entities: 1) Digital commerce, which encompasses its growth assets and softwareled businesses and includes global retail, hospitality, and digital banking.... More