NCR Corp (NCR): Downgraded as Potential FCPA Issues Add Meaningful Risk – Wedbush
August 14, 2012 at 09:34 AM EDT
Wedbush analyst Gil Luria is downgrading NCR Corp (NYSE:NCR) to Neutral from Outperform this morning while lowering his price target to $23 (prev. $33). - The move comes after a WSJ report detailing possible FCPA violations (out last night) Wedbush believes NCR could grow EPS at a 15% CAGR over the next three years if [...]