DA Davidson raised the firm’s price target on Euronet to $136 from $126 and keeps a Buy rating on the shares after its better than expected Q1 results. Over the next two years, Euronet should be able to generate 6%-8% constant currency, organic revenue growth, combined with steady, annual margin expansion, the analyst tells investors in a research note.
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Read More on EEFT:
- Euronet reports Q1 adjusted EPS $1.28, consensus $1.04
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- Euronet upgraded to Buy from Neutral at Citi
