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Fly News Breaks for October 6, 2015
PAY
Oct 6, 2015 | 07:55 EDT
SunTrust believes that the weakness in Verifone's stock seems overdone, as the firm thinks that "myriad investor concerns" are reflected in the stock;'s valuation. SunTrust thinks that the company's North American business should generate organic revenue growth and margin expansion in the near-term. Over the longer term ,SunTrust is upbeat on the outlook for the company's next-generation commerce solutions and new China offerings.
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