VeriFone price target raised to $40 from $35 at Wedbush Wedbush raised its price target for VeriFone shares to $40 following the company's better than expected Q1 results and maintains an Outperform rating on the stock. Wedbush expects shares to move higher as the company overcomes its legacy issues and returns to normalized profitability in FY15.
VeriFone, Sunoco forge agreement to install integrated dispenser video screens VeriFone Systems (PAY) and Sunoco (SUN) announced that VeriFone has been selected as the exclusive media provider for Sunoco’s fueling islands. VeriFone will provide Sunoco with dispenser card readers that have integrated video screens and dynamic streaming content. These payment terminals will enhance the fueling experience for Sunoco’s customers and provide a cost-efficient EMV strategy for Sunoco’s growing network of branded retailers.