Argus Downgrades VeriFone On Guidance Concerns

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Close on the heels of Verifone Systems Inc (NYSE: PAY)’s lower-than-expected outlook for the full year, Argus analyst Stephen Biggar followed other brokerages to downgrade the stock to a Hold rating from Buy.

Latest Ratings for PAY

Date Firm Action From To
Sep 2016 Argus Research Downgrades Buy Hold
Sep 2016 Barclays Maintains Equal-weight
Sep 2016 PiperJaffray Downgrades Overweight Neutral

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