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Fly News Breaks for March 19, 2018
FDC
Mar 19, 2018 | 08:59 EDT
Baird analyst David Koning added First Data Corporation as a "Fresh Pick," noting to investors in a research note that the company's metrics are improving, yet valuation "remains stubborn" near its IPO price. Koning, who has an Outperform rating and $22 price target on shares, said that headwinds are improving, balance sheet metrics are also improving, and he expects ongoing improvement in EBITDA margins.
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