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Fly News Breaks for December 3, 2019
Dec 3, 2019 | 13:18 EDT
Stephens analyst Brett Huff initiated coverage of NCR Corp. with an Equal Weight rating and $38 price target. While Huff said he expects the new management team to achieve operational and capital allocation improvements, given that they have proven themselves in past companies, he also believes a high percentage of NCR revenue comes from markets that are "tougher now," such as ATM hardware, restaurant point-of-sales and retail point-of-sales.