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Why Diebold Nixdorf Inc. Stock Popped Today


Why Diebold Nixdorf Inc. Stock Popped Today

Shares of Diebold Nixdorf Inc. (NYSE: DBD) were up 10.5% as of 3:30 p.m. EDT Thursday, after the ATM services specialist received a notable analyst upgrade.

More specifically, J.P. Morgan analyst Paul Coster upgraded Diebold from "neutral" to "overweight," but also simultaneously reduced his per-share price target on the stock to $24 from $29. Diebold closed today at $17.85 per share.

IMAGE SOURCE: DIEBOLD NIXDORF.

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Source: Fool.com

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