Euronet price target raised to $145 from $135 at Monness Crespi
Monness Crespi raised the firm’s price target on Euronet (EEFT) to $145 from $135 and keeps a Buy rating on the shares. Euronet delivered beats on EPS and revenue, and the company reiterated its outlook for 12%-16% EPS growth for 2025 vs. the longer-run 10%-15% EPS growth algorithm management had telegraphed last year, the analyst tells investors in a research note. The firm views the shares as cheap, particularly considering execution and its durable growth, return on invested capital, and cost of capital framework.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on EEFT:
Disclaimer & DisclosureReport an Issue
Source link