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Fly News Breaks for August 14, 2017
Aug 14, 2017 | 09:27 EDT
After hosting investor meetings with management, Benchmark analyst Daniel Kurnos says the recent pullback in shares of NCR Corp. provides an "excellent" buying opportunity. The analyst thinks NCR can get back to mid-single digit growth as early as 2018. He sees the company's broad scale platform unification and rationalization yielding "significant benefits" over the next five years. The analyst has a Buy rating on the shares with a $55 price target.
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