Diebold Nixdorf Inc. (NYSE, DBD) Surges 17% on Upgrade

Shares of Diebold Nixdorf Inc. (NYSE, DBD) surged nearly 17% after an analyst upgrade to Overweight from Neutral with a price target of $16, up from $10. The analyst said Diebold is a “deep value stock” and upgraded the shares ahead of a product ramp in the second half of 2021. Additionally, they see continued strong demand for self-checkout solutions and improving quality of earnings.