Zacks Investment Research downgraded shares of HIGHER ONE HLDG (ONE) from N/A to NEUTRAL on April 16, 2014, with a target price of $6.30.
Higher One Inc. is engaged in providing technology and payment services to the higher education industry. The Company provides solutions to higher education institutions and their students in order to handle financial disbursements. These include: student refunds, on campus and community purchases, payroll and employee expenses, as well as the collection of payments from students, parents and sponsors. For its higher education institution customers, the Company offers its OneDisburse Refund Management disbursement service. For students and other campus community members, it offers its OneAccount service that includes an FDIC-insured deposit account provided by its bank partner, the OneCard, which is a debit MasterCard ATM card, and other retail banking services. It also offers payment transaction services which are primarily software-as-a service solutions that facilitate electronic payment transactions. Higher One Inc. is headquartered in New Haven, Connecticut.
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