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Euronet price target raised to $85 from $80 at Needham

Needham raised the firm’s price target on Euronet (EEFT) to $85 from $80 and keeps a Buy rating on the shares. The company reported solid Q1 results, beating on revenue, EBITDA, and EPS as continued EFT strength and digital momentum offset persistent immigration-related and geopolitical pressures and money transfer, the analyst tells investors in a research note.

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