InvestorsHub Logo
icon url

madrose1

01/14/13 9:08 PM

#152190 RE: El_Lobo #152149

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