Edenred Unspon (NASDAQ:EDNMY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Tuesday. The brokerage currently has a $16.00 price objective on the stock. Zacks Investment Research‘s price target would indicate a potential upside of 14.29% from the company’s previous close.

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. “

Edenred Unspon (EDNMY) traded down 1.20% on Tuesday, reaching $14.00. 2,599 shares of the company’s stock were exchanged. Edenred Unspon has a 1-year low of $9.65 and a 1-year high of $14.36.

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