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TSS

TSYS

$50.60

-0.62 (-1.21%)

05:30
11/30/16
11/30
05:30
11/30/16
05:30

TSYS signs payments agreement with Virgin Money

TSYS announced that it has reached a long-term agreement to provide debit processing services for Virgin Money customers within the United Kingdom. Virgin Money previously selected TSYS' market leading TS2 platform to support its UK cards portfolio. Virgin Money is a UK-based retail bank, providing savings, mortgages, credit cards, current accounts, currency services, pensions, as well as investment and protection products to over three million customers across the UK. TSYS will provide a flexible and reliable card processing solution for Virgin Money.

TSS TSYS
$50.60

-0.62 (-1.21%)

07/28/16
FANA
07/28/16
UPGRADE
Target $62
FANA
Overweight
TSYS upgraded to Overweight from Equal-Weight at First Analysis
First Analysis analyst Lawrence Berlin upgraded TSYS to Overweight citing the post-earnings selloff and confidence in his 2016 estimates. The analyst has a $62 price target for the shares.
08/12/16
BARD
08/12/16
UPGRADE
Target $60
BARD
Outperform
TSYS upgraded to Outperform from Neutral at Baird
Baird analyst David Koning upgraded TSYS to Outperform citing valuation and maintained its $60 price target.
08/12/16
BARD
08/12/16
UPGRADE
Target $60
BARD
Outperform
TSYS upgraded to Outperform at Baird
As reported previously, Baird analyst David Koning upgraded TSYS to Outperform from Neutral citing the stock's current valuation, the potential for catalysts to eventually play out, and the ability for payment stocks to recover rapidly without near-term catalysts. Baird maintained its $60 price target on TSS shares.
09/14/16
SBSH
09/14/16
NO CHANGE
SBSH
Citi moves Vantiv up to top pick in processor space
Citi analyst Ashwin Shirvaikar shuffled his rankings in the processor space by moving Vantiv (VNTV) up to his pick from third place. Fidelity National Information (FIS) is his second pick, followed by previous top pick TSYS (TSS) and PayPal (PYPL). Shirvaikar keeps a Buy rating on TSYS but lowered his price target for the shares to $60 from $63. Top-line growth deceleration is happening sooner than expected, the analyst tells investors in a research note.

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