Division of opinion makes for a good horse race. Today's view:
JPMorgan Chase & Co. reissued their overweight rating on shares of NCR (NYSE:NCR) in a research report sent to investors on Thursday morning. The firm currently has a $46.00 price target on the stock, up from their previous price target of $45.50.
Don't trust anyone. That includes JP Morgan. Look at the figures and use common sense. If you have ever been in business, you know that you borrow money to make more money. That's risky, but where you get real return. That's NCR. Love it or hate it, this is a highly leveraged bet on the vision that NCR can be a winner if it reinvents its products from hardware to software. I'm betting with management.