By: Benzinga
UPDATE: Compass Point Upgrades MICROS Systems to Buy; Shares Discount Fundamentals
Compass Point raised its rating on MICROS Systems (NASDAQ: MCRS ) from Neutral to Buy with a reiterated $50 price target. Compass Point said, "In May the shares traded around $58. Yesterday the shares closed near $43. That's down about 26%, albeit from a lofty valuation. The current price
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