Although Cardtronics (CATM -3.9%) reported in-line Q2 results last week, J.P. Morgan downgrades...

|By:, SA News Editor

Although Cardtronics (CATM -3.9%) reported in-line Q2 results last week, J.P. Morgan downgrades shares to Neutral, saying the ATM owner and operator reiterated fiscal year guidance but "downplayed the potential for near-term EPS upside." The firm believes earnings growth is normalizing to CATM's longer-term target and future beats/raises are less likely.