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Fly News Breaks for December 15, 2015
PAY
Dec 15, 2015 | 07:54 EDT
Goldman analyst Goldman analyst James Schneider downgraded Verifone to Neutral and lowered his price target to $30 from $37 on shares. Schneider expects said SMB segment visibility remains, low with meaningful FX headwinds, and is unlikely to be a catalyst for shares. The analyst expects Street estimates to come down in 2016 and the absence in meaningful operating margin expansion to limit multiple expansion.
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