UPDATE: Deutsche Bank Cuts PT to $15 on VeriFone on Negative Pre-Announcement
Deutsche Bank maintained VeriFone (NYSE: PAY ) with a Sell rating and lowered the price target from $27.00 to $15.00. Deutsche Bank noted, "After the close, PAY negatively preannounced 1Q13 and 2Q13 ests and cut future growth rates, citing numerous internal, accounting and macro-related issues. We have been weary PAY's
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