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Enter Symbol:
 
Veriphone Holdings, Inc. (PAY) [hlAlert]

Rating:
Outperform
PAY
up 50.98 %

Veriphone Holdings, Inc. (PAY) rated Outperform by Raymond James

Posted on: Thursday,  Feb 21, 2013  8:25 AM ET by Raymond James

Raymond James rated Outperform Veriphone Holdings, Inc. (NYSE: PAY) on 02/21/2013, when the stock price was $20.77. Since
then, Veriphone Holdings, Inc. has gained 50.99% as of 01/15/2016's recent price of $31.36.
If you would have followed this Raymond James's recommendation on PAY, you would have gained 50.98% of your investment in 1058 days.

VeriFone Holdings, Inc. (VeriFone) is engaged in secure electronic payment solutions. The Company provides solutions and services that add value to the point of sale (POS) with merchant-operated, consumer-facing, and self-service payment systems for the financial, retail, hospitality, petroleum, transportation, government and healthcare vertical markets. The Company?s system solutions consist of point of sale electronic payment devices that run third-party operating systems, security and encryption software, and certified payment software, as well as other third-party, value-added applications. The Company?s customers include primarily financial institutions, payment processors, petroleum companies, large retailers, government organizations and healthcare companies, as well as independent sales organizations.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/21/2013 8:25 AM Buy
None
20.77
as of 12/13/2013
1 Week down  -2.86 %
1 Month down  -3.25 %
3 Months up  8.05 %
1 YTD up  17.52 %

(*) Stock Price at the time of the recommendation.
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