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Fly News Breaks for June 12, 2018
FDC
Jun 12, 2018 | 17:18 EDT
Craig-Hallum analyst Brad Berning kept his Buy rating and $30 price target on First Data after the company's analyst day, saying the presentation strengthened his positive view and supports his recommendation for investors to take advantage of the valuation gap on the stock. The analyst says the company can pivot from negative bias of being an underinvested acquirer through an "emphasis on innovation via digitalization on a global scale".
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