UPDATE: JP Morgan Reinstates Coverage on NCR Corporation After Period of Restriction
In a report published Monday, JP Morgan analyst Paul Coster initiated coverage on NCR Corporation (NYSE: NCR) at Overweight, with a price target of $48.00.
According to the report, following a period of restriction, analysts are moving to an Overweight rating and a December 2014 price target of $48.00 (Overweight rating and $46.00 price target prior to restriction), from a Not Rated designation.
NCR is being added to the U.S. Equity Analyst Focus List.
Estimates remain unchanged.
NCR closed Friday at $36.11 with shares trading up at 1.66 percent.
Latest Ratings for NCR
|Aug 2016||JP Morgan||Maintains||Overweight|
|Jul 2016||JP Morgan||Maintains||Overweight|
|Feb 2016||JP Morgan||Maintains||Overweight|
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