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Fly News Breaks for June 13, 2017
FDC
Jun 13, 2017 | 08:00 EDT
SunTrust analyst Andrew Jeffrey says he's "encouraged" by recent data points on First Data's mobile payment system, Clover. The analyst says that higher sales of the product would increase investors' confidence in First Data's ability to retain its small and medium business customers. The analyst raised his price target on the stock to $24 from $20 and keeps a Buy rating on the shares.
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