TD Cowen lowered the firm’s price target on Deluxe (DLX) to $23 from $33 and keeps a Buy rating on the shares. The firm said they posted a solid start to the year with margin expansion and strong free cash flow. Recent macro headlines supports a more cautious stance on demand and earnings power.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DLX:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue