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Fly News Breaks for March 19, 2019
V, EEFT
Mar 19, 2019 | 08:26 EDT
DA Davidson analyst Peter Heckmann raised his price target on Euronet (EEFT) to $160 and kept his Buy rating, updating his model for its convertible debt issuance last week intended to reduce its higher interest bearing debt. The analyst also points to the company's "modest improvement in the FX basket" over the past few weeks, while forecasting a 4% growth in its earnings this year thanks in part to the Visa (V) decision to "allow dynamic currency conversion services on international ATM transactions globally."
News For EEFT;V From the Last 2 Days
V
Apr 17, 2024 | 07:03 EDT
Baird raised the firm's price target on Visa to $320 from $314 and keeps an Outperform rating on the shares. The firm thinks FQ2 revenue/EPS likely both beat mildly; and they like a lot as long-term compounder.