Compass Point Reiterates a 'Neutral' on VeriFone (PAY); Adjusts Numbers on Q3 Results

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Goldman Sachs Defends VeriFone (PAY): Product Cycle Strong

September 6, 2012 7:32 AM EDT

Goldman Sachs reiterates a 'Buy' on VeriFone (NYSE: PAY) price target of $43.00.

Analyst, Julio C. Quinteros Jr, said, "We reiterate our rating on PAY shares as the model remains on track for FY12 with organic growth (overcoming significant FX headwinds... More

Deutsche Bank Reiterates a 'Sell' on VeriFone (PAY); Quarter Disappoints

September 6, 2012 7:28 AM EDT

Deutsche Bank reiterates a 'Sell' on VeriFone (NYSE: PAY) price target of $27.00 (from $30.00).

Deutsche analyst said, "PAY reported 3Q12 non-GAAP revenues of $493m, below our estimate of $503m, and pro forma EPS of $0.75, ahead of our $0.71 estimate mostly due to a lower... More

VeriFone Systems (PAY) Tops Q3 EPS by 5c; Isues Solid Guidance

September 5, 2012 4:03 PM EDT

VeriFone Systems (NYSE: PAY) reported Q3 EPS of $0.75, $0.05 better than the analyst estimate of $0.70. Revenue for the quarter came in at $493 million versus the consensus estimate of $498.34 million.

VeriFone Systems sees FY2012 EPS of $2.73-2.75, versus the consensus of $2.66. VeriFone Systems sees FY2012... More