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Fly News Breaks for March 28, 2019
CATM
Mar 28, 2019 | 09:08 EDT
Wells Fargo analyst Timothy Willi raised his price target for Cardtronics to $40 from $35 following its first Analyst day under current management, where the company outlined its medium-term revenue and EBITDA growth target. Given Cardtronics leading market position and ownership of physical and network infrastructure, the analyst believes the company is well-positioned to achieve consistent top-line growth while driving operating leverage. Willi reiterates an Outperform rating on the shares.
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