PAY gets pounded to 28 then bounces, tho downgraded by RBC , Barrons ran a piece on Dec 30th saying potential 35% upside from here. (Right now downgrades & upgrades are a fickle thing, some respond some do not!)
Heres DEc 30th the article
Downtrodden VeriFone could jump 35%, Barron's says Although the emergence of digital wallets create uncertainty for traditional credit card payments through VeriFone's (PAY) credit card readers, the company creates revenue through other means; it is being used in taxi cabs and will benefit when retailers upgrade their security protocols, Barron's contends. Reference Link : http://online.barrons.com/article/SB50001424052748704723404578199742128875044.html?mod=BOL_twm_ls#articleTabs_article%3D4
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