Monness Crespi analyst Gus Gala lowered the firm’s price target on Euronet (EEFT) to $135 from $155 and keeps a Buy rating on the shares. The company has “well diversified cash streams” and its earnings “should stay relatively healthy,” the analyst tells investors in a research note. The firm views Euronet as a top pick on valuation and says “very little has to go right” for the shares to work.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EEFT:
- Euronet management to meet with Oppenheimer
- Euronet participates in a conference call with Northland
- Euronet CEO Brown sells 95,000 common shares
- Euronet price target raised to $140 from $136 at DA Davidson
- Euronet Worldwide: Strong Buy Rating Driven by Robust Financial Performance and Strategic Digital Growth