UPDATE: Compass Point Downgrades Verifone Systems to Neutral on Weak 1QFY13 Earnings Results

In a report published Friday, Compass Point analyst Douglas Greiner downgraded the rating on Verifone Systems (NYSE: PAY ) from Buy to Neutral, and lowered the price target from $25.00 to $20.00. In the report, Greiner noted, “We tactically upgraded our rating from Neutral to Buy on February 21st when