Evertec Reports Third Quarter 2017 Results

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EVERTEC (EVTC) PT Lowered to $17 at Stifel Following 3Q Report

November 8, 2017 7:56 AM EST

Stifel lowered its price target on EVERTEC (NYSE: EVTC) to $17.00 (from $18.00) while maintaining a Buy rating following the company's 3Q. Revenue of $102.7M beat the consensus estimate of $97.1M. EPS of $0.33 compared to the consensus of $0.35.

Stifel views management's commentary that... More