Evertec price target raised to $41 from $36 at Susquehanna

Susquehanna raised the firm’s price target on Evertec to $41 from $36 and keeps a Positive rating on the shares. The firm finds the company’s strategic vision compelling as the the expansion into broader LatAm is transformative, with multiple regions exhibiting strong digital payments growth, increasing banking penetration and pockets of “free market” deregulation.