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Euronet downgraded to Neutral from Buy at Monness Crespi

Monness Crespi downgraded Euronet (EEFT) to Neutral from Buy. The firm sees a lack of near term catalysts along with growing challenges around integrating CoreCard. The firm believes retail competitive pressures in independent channel within money transfer will grow more pronounced as 1% tax went into effect on cash-based remittances at the beginning of 2026, the analyst added.

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