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Euronet price target lowered to $135 from $155 at Monness Crespi

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.

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