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Fly News Breaks for April 18, 2017
DBD
Apr 18, 2017 | 09:16 EDT
Feltl analyst Joshua Elving initiated Diebold with a Buy and a $38 price target saying digitial payments will likely gain share in comparison to cash but believes the amount of cash used for payments will remain stable for the foreseeable future. Further, he expects efficiencies gained from the combination with Wincor Nixdorf should result in a much more profitable company in coming years.
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