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-0.000522739153162592 -0.000696985537550081 -0.00156821745948765 -0.000174246384387489 3.48492768775474E-05 0 -0.00261369576581283 0.00121972469071267
Stock impact report

Why Is EVERTEC (EVTC) Stock Rocketing Higher Today [Yahoo! Finance]

Evertec, Inc. (EVTC) 
Last evertec, inc. earnings: 2/25 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.evertecinc.com
Company Research Source: Yahoo! Finance
session after the stock's positive momentum continued as the company reported earnings results that topped analyst estimates. The business services provider posted earnings of $0.92 per share for the quarter, which was $0.03 better than the consensus forecast of $0.89. This positive surprise appeared to capture investor attention. The move higher came even as some analysts adjusted their outlooks. For instance, Keefe, Bruyette & Woods kept its "Outperform" rating but cut its price target on the stock to $40 from $44. Similarly, Deutsche Bank also lowered its price target to $30 from $35 while keeping a "Hold" rating. Is now the time to buy EVERTEC? Access our full analysis report here What Is The Market Telling Us EVERTEC's shares are not very volatile and have only had 5 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of Show less Read more
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