Verifone Receives a Hold from Tigress Financial

By Austin Angelo

In a report released today, Ivan Feinseth from Tigress Financial maintained a Hold rating on Verifone (NYSE: PAY). The company’s shares opened today at $22.75, close to its 52-week high of $22.87.

Feinseth has an average return of 7.8% when recommending Verifone.

According to TipRanks.com, Feinseth is ranked #130 out of 4766 analysts.

Currently, the analyst consensus on Verifone is Hold and the average price target is $23.02, representing a 1.2% upside.

In a report released yesterday, SunTrust Robinson also downgraded the stock to Hold with a $23 price target.

The company has a one-year high of $22.87 and a one-year low of $14.90. Currently, Verifone has an average volume of 2.09M.

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VeriFone Systems, Inc. engages in manufacturing and distributing electronic payment devices. It offers Payment Services, Device Services, Merchant Marketplace, Omnichannel Commerce, and Developer Central. The company was founded on June 13, 2002 and is headquartered in San Jose, CA.