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Evertec price target raised to $39 from $35 at Susquehanna

Susquehanna analyst James Friedman raised the firm’s price target on Evertec (EVTC) to $39 from $35 and keeps a Neutral rating on the shares. The firm updated its model to reflect new guidance while pointing to a difference in the company’s reported estimates guide and its constant-currency estimates guide, which implies a net FX headwind for the year.

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