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Enter Symbol:
Rating: PAY
Buy $35

Veriphone Holdings, Inc. (NYSE: PAY) upgraded to Buy with price target $35 by Argus

Wednesday,  Sep 30, 2015  8:25 AM ET by Dave Ficere

Argus upgraded Veriphone Holdings, Inc. (NYSE: PAY) to Buy with
price target $35. Previously Argus rated Hold Veriphone Holdings, Inc. (NYSE: PAY) on 02/22/2013, when the stock price was $18.35.

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.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system



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