NCR Voyix price target lowered to $20 from $24 at DA Davidson

DA Davidson lowered the firm’s price target on NCR Voyix to $20 from $24 but keeps a Buy rating on the shares after its Q4 pre-announcement and below-consensus guidance. The NCR Atleos Corporation separation hasn’t been without noise, though this latest reset to numbers should represent a bottom and the valuation, the analyst tells investors in a research note. Given the potential long-term strategic optionality inherent within Digital Banking and the activist investors in the stock, the firm remains positive on the name.