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Fly News Breaks for August 27, 2019
CATM
Aug 27, 2019 | 09:30 EDT
DA Davidson analyst Peter Heckmann kept his Buy rating and $38 price target on Cardtronics, saying its Q2 update should be considered a "turning point" as it returned the company to positive organic growth following a series of negative growth quarters. The analyst cites Cardtronics 3% same unit growth in the U.S. markets, which he sees as "impressive" relative to the difficult comp last year, and contends that investor sentiment on Cardtronics shares is "improving".
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