Goldman Sachs initiated coverage of NCR Voyix with a Neutral rating and $14 price target, representing 11% upside. The analyst sees mixed fundamentals across the company’s three segments of retail, restaurants, and digital banking. However, after completing the spin of its ATM business into a separate publicly traded company, NCR Voyix has shown a willingness to consider strategic actions that could unlock shareholder value, and shares are “very inexpensive,” the analyst tells investors in a research note.
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Read More on VYX:
- NCR Voyix Appoints Irv Henderson to Board of Directors
- NCR Voyix management to meet with Needham
- NCR Voyix price target lowered to $16 from $19 at Stephens
- NCR Voyix upgraded to Buy from Neutral at Northcoast
- NCR Voyix price target lowered to $20 from $24 at DA Davidson
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