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Fly News Breaks for May 17, 2016
PAY
May 17, 2016 | 07:22 EDT
After meeting with Verifone's management, SunTrust is "increasingly confident" that the company will monetize its POS IP. By taking this step, the company will cause its organic revenue growth to accelerate, improve its competitive advantage and make its financial model more visible and scalable, according to the firm. It keeps a Buy rating on the shares.
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