UPDATE: Jefferies Upgrades VeriFone
November 22, 2013 at 08:21 AM EST
In a report published Friday, Jefferies analyst Jason Kupferberg upgraded VeriFone Systems (NYSE: PAY ) from a Hold rating to a Buy rating and raised the price target from $21.00 to $29.00. In the report, Jefferies says "We upgrade PAY to Buy from Hold because: 1) we think bar has