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Fly News Breaks for April 27, 2017
EEFT
Apr 27, 2017 | 07:13 EDT
SunTrust analyst Andrew Jeffrey says that Euronet reported "solid" Q1 results, and he expects the company's EPS to increase at least 10% this year. The analyst recommends buying the stock on weakness.
News For EEFT From the Last 2 Days
EEFT
Apr 22, 2024 | 09:03 EDT
Euronet and SOFTONE announced that they are partnering to deliver integrated merchant acquiring solutions in Greece. The partnership involves SOFTONE integrating its leading brands and products with Euronet's merchant acquiring platform. This integration will offer a wide range of cost-effective solutions for online and brick-and-mortar merchants, covering Euronet's 210,000 merchants and SOFTONE's 75,000 enterprises. The partnership aims to expand and deepen relationships with businesses of all sizes, strengthening both companies' market presence and footprints.
EEFT
Apr 22, 2024 | 06:07 EDT
Citi upgraded Euronet to Buy from Neutral with a price target of $120, up from $116. The analyst has higher confidence in Euronet achieving or exceeding the upper end of its outlook, and "potential for more stability thereafter." The stock pulled back significantly and and it multiple remains near multi-year lows versus the market, despite the potential for improving stability and communication, the analyst tells investors in a research note. The firm says execution and improved sentiment regarding earnings consistency can support stock appreciation.