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Fly News Breaks for June 1, 2015
PAY
Jun 1, 2015 | 09:00 EDT
As previously reported, Raymond James upgraded Verifone to Outperform from Market Perform. The firm's checks indicate the nationwide EMV upgrade cycle should spill over into 2H 2016, prolonging the demand shift several more quarters than previously expected, and, the company is pursuing several growth initiatives while streamlining costs. Price target on shares is $44.
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