Izea (IZEA) Reaches $2.15 Low on Jun, 16; VeriFone Systems (PAY) Covered By 10 Bulls

June 16, 2017 - By Dolores Ford

Among 26 analysts covering Verifone Systems Inc. (NYSE:PAY), 10 have Buy rating, 0 Sell and 16 Hold. Therefore 38% are positive. Verifone Systems Inc. had 56 analyst reports since August 5, 2015 according to SRatingsIntel. The stock of VeriFone Systems Inc (NYSE:PAY) has “Overweight” rating given on Friday, March 11 by Pacific Crest. Stifel Nicolaus maintained VeriFone Systems Inc (NYSE:PAY) on Wednesday, June 8 with “Buy” rating. On Friday, September 2 the stock rating was maintained by Stifel Nicolaus with “Buy”. Pacific Crest maintained VeriFone Systems Inc (NYSE:PAY) rating on Saturday, September 5. Pacific Crest has “Outperform” rating and $39 target. The rating was maintained by RBC Capital Markets on Friday, March 10 with “Sector Perform”. As per Friday, September 2, the company rating was maintained by Barclays Capital. The stock has “Buy” rating by Craig Hallum on Monday, October 17. The firm has “Sector Weight” rating given on Wednesday, June 8 by Pacific Crest. Stifel Nicolaus downgraded VeriFone Systems Inc (NYSE:PAY) on Friday, December 2 to “Hold” rating. As per Monday, September 12, the company rating was downgraded by Imperial Capital. See VeriFone Systems Inc (NYSE:PAY) latest ratings:

13/06/2017 Broker: Imperial Capital Rating: In-Line Old Target: $20.00 New Target: $19.00 Maintain
09/06/2017 Broker: RBC Capital Markets Rating: Sector Perform Old Target: $23.00 New Target: $20.00 Maintain
27/03/2017 Broker: Tigress Financial Rating: Buy Initiates Coverage On
23/03/2017 Broker: Imperial Capital Rating: In-Line Old Target: $18.00 New Target: $20.00 Maintain
10/03/2017 Broker: RBC Capital Markets Rating: Sector Perform Old Target: $20.00 New Target: $23.00 Maintain
10/03/2017 Broker: BTIG Research Old Rating: Buy New Rating: Neutral Old Target: $21.00 Downgrade
06/01/2017 Broker: BMO Capital Markets Rating: Market Perform New Target: $19 Initiate

The stock of Izea Inc (NASDAQ:IZEA) reached all time low today, Jun, 16 and still has $2.00 target or 7.00% below today’s $2.15 share price. This indicates more downside for the $11.65M company. This technical setup was reported by Barchart.com. If the $2.00 PT is reached, the company will be worth $815,500 less. The stock decreased 9.66% or $0.23 on June 16, reaching $2.15. About 35,429 shares traded or 149.66% up from the average. Izea Inc (NASDAQ:IZEA) has declined 59.11% since June 16, 2016 and is downtrending. It has underperformed by 75.81% the S&P500.

VeriFone Systems, Inc. offers payments and commerce solutions. The company has market cap of $1.87 billion. The Firm is engaged in designing, manufacturing, marketing and supplying a range of payment solutions and complementary services. It currently has negative earnings. It provides solutions and services for the retail point-of-sale that enable various forms of commerce.

The stock decreased 2.05% or $0.36 during the last trading session, reaching $17.23. About 2.45 million shares traded or 39.20% up from the average. VeriFone Systems Inc (NYSE:PAY) has declined 31.93% since June 16, 2016 and is downtrending. It has underperformed by 48.63% the S&P500.