DA Davidson analyst Matt Summerville lowered the firm’s price target on NCR Voyix (VYX) to $14 from $17 and keeps a Buy rating on the shares after its Q4 results. The company’s customer retention rates remain solid along with additional key wins announced, with annual recurring revenue rising 2% in Q4, the analyst tells investors in a research note. Valuation remains undemanding, with investors likely awaiting sustained execution, the firm added.
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