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Euronet price target lowered to $130 from $140 at DA Davidson

DA Davidson analyst Peter Heckmann lowered the firm’s price target on Euronet (EEFT) to $130 from $140 and keeps a Buy rating on the shares. The firm is adjusting its model ahead of the company’s Q1 results, reflecting a decreased FX headwind against a modestly higher interest expense, the analyst tells investors in a research note.

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