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Fly News Breaks for January 18, 2018
CATM
Jan 18, 2018 | 07:57 EDT
As previously reported, BofA/Merrill downgraded Cardtronics to Neutral from Buy and lowered its price target to $23 from $29. Analyst David Ridley-Lane said Cardtronics is becoming a smaller and less profitable as it shrinks its ATM footprint and said shares are trading at a premium following the recent "relief" rally.
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