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Fly News Breaks for April 24, 2018
EEFT
Apr 24, 2018 | 08:50 EDT
DA Davidson analyst Peter Heckmann lowered his price target on Euronet to $108 ahead of tomorrow's Q1 earnings, citing "added uncertainty" from the recent E.U. proposals around cross-border payments that may impact the company's EFT segment. Heckmann keeps his Buy rating on Euronet longer term, saying the pullback in the stock price has taken valuation to the lower end of its longer-term range.
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