Diebold (DBD +4.4%) is raised to Neutral from Underweight with a new $34.50 price target from...

|About: Diebold Nixdorf (DBD)|By:, SA News Editor

Diebold (DBD +4.4%) is raised to Neutral from Underweight with a new $34.50 price target from $29 at J.P. Morgan following strong Q4 results and 2012 guidance from rival ATM-maker NCR (NCR +10.5%). The firm admits it underestimated demand in the financial services sector, "and we are reintroducing growth into segment revenue in mid-2012."