Why NCR Stock Popped Today

Evan Niu, CFA, The Motley Fool
·2-min read
Why NCR Stock Popped Today

Shares of NCR (NYSE: NCR) popped today, up by 12% as of 12:05 p.m. EST, after the company received a slew of bullish reiterations and price target increases. RBC analyst Daniel Perlin is encouraged by the expected return to growth, while Morgan Stanley analyst Katy Huberty believes the company has reached "a turning point" after laying a foundation for margin expansion.