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UPDATE: JP Morgan Reinstates Coverage on NCR Corporation After Period of Restriction

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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

DateFirmActionFromTo
Aug 2016JP MorganMaintainsOverweight
Jul 2016JP MorganMaintainsOverweight
Feb 2016JP MorganMaintainsOverweight

View More Analyst Ratings for NCR
View the Latest Analyst Ratings

Posted-In: JPMorgan Paul CosterAnalyst Color Initiation Analyst Ratings

 

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