Market Overview

Morgan Stanley Sees Focus on FCF Conversion as Long-Term Positive for NCR

Share:
Related NCR
Mid-Afternoon Market Update: Crude Oil Down Over 1.5%; NCR Shares Spike Higher
12 Biggest Mid-Day Gainers For Wednesday
Can 'Amazon Go' Revolutionize Brick-And-Mortar Retail? (Seeking Alpha)

In a report published Friday, Morgan Stanley analyst Katy L. Huberty reiterated an Equal-Weight rating on NCR (NYSE: NCR).

In the report, Morgan Stanley noted, “Another quarter of meaningful revenue miss and light 2014 EPS guidance disappointed, but we view management's focus on strengthening FCF as a positive that might improve confidence in EPS sustainability and close the P/E to EV/FCF valuation gap longer-term.”

NCR closed on Thursday at $34.98.

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: Katy L. Huberty Morgan StanleyAnalyst Color Reiteration Analyst Ratings

 

Related Articles (NCR)

View Comments and Join the Discussion!