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Fly News Breaks for September 16, 2019
CATM
Sep 16, 2019 | 09:31 EDT
DA Davidson analyst Peter Heckmann kept his Buy rating and $38 price target on Cardtronics after meeting with its management, saying the company remains confident in being able to generate 3%-5% constant-currency organic sales growth. The analyst cites the management's expectations of increased membership in the surcharge-free Allpoint ATM network, international growth from the deployment of net new units in certain growth markets, and the development in its ATM outsourcing.
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