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Fly News Breaks for February 8, 2016
UEPS
Feb 8, 2016 | 08:31 EDT
Baird said the recent weakness in Net 1 UEPS is a buying opportunity as the company reported strong revenue trends with a potential for acceleration and a large stock buyback authorization. With key initiatives in place, Baird believes revenues could accelerate. Baird reiterated its Outperform rating and $24 price target on Net 1 UEPS shares.
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