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Fly News Breaks for July 5, 2017
DBD, NCR
Jul 5, 2017 | 10:35 EDT
JPMorgan analyst Paul Coster recommends using the weakness in shares of NCR Corp. (NCR) following Diebold's (DBD) preannouncement as a buying opportunity. After touching base with NCR, the analyst thinks the issues at Diebold are company specific and that NCR remains on track to meet expectations. While more cautious Diebold's near-term prospects, Coster believes today's 20% selloff "seems excessive." He thinks the company's execution issues probably get resolved by year-end. The analyst keeps Overweight ratings on both stocks.
News For NCR;DBD From the Last 2 Days
DBD
Apr 17, 2024 | 08:31 EDT
