Barrington Research Comments on Cardtronics
Barrington Research provided color on Cardtronics (NASDAQ: CATM) after a series of investor meetings with the company in a research report published today. Barrington Research has an Outperform rating and $24-$26 price target on Cardtronics.
In the report, Barrington Research states, " The meetings reinforced our conviction that CATM is a steady and consistent growth company with solid competitive advantages within a market where secular change is driving the outsourcing of ATM services."
Shares of Cardtronics were trading at $22.63 at the time of posting, down 1.69% from Wednesday's market close.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.