Edenred Unspon (NASDAQ:EDNMY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued to investors on Tuesday. The firm presently has a $16.00 target price on the stock. Zacks Investment Research‘s price target indicates a potential upside of 14.29% from the company’s current price.

According to Zacks, “Edenred SA offers prepaid corporate solutions to individuals and organizations. The Company provides vouchers for restaurant meals, childcare and other products and services are used to reward employees and loyal customers. Edenred SA is headquartered in Malakoff, France. “

Shares of Edenred Unspon (EDNMY) traded down 1.20% on Tuesday, reaching $14.00. 2,599 shares of the company were exchanged. Edenred Unspon has a 12 month low of $9.65 and a 12 month high of $14.36.

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