Shares of Diebold Nixdorf Inc. (NYSE: DBD) , a manufacturer of automated self-service transaction systems and the software they run on, jumped today after the company received an analyst's upgrade and a higher price target.
The tech stock was up by as much as 21.6% this morning and had gained 13.7% as of 11:57 a.m. EST.
J.P. Morgan analyst Paul Chung upgraded Diebold Nixdorf to overweight from the previous neutral rating and raised his price target for the stock from $10 to $16.
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Why Diebold Nixdorf Stock Soared 13% This Morning