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Fly News Breaks for June 15, 2018
FDC
Jun 15, 2018 | 09:52 EDT
SunTrust analyst Jennifer Dugan raised her price target on First Data to $26 and kept her Buy rating after the company's Analyst Day, saying the management has highlighted "credible levers" to sustain a mid-single-digit organic revenue growth rate through FY21. The analyst cites the company's plans for international expansion, its growing ISV market, and deleveraging initiatives allowing for further investments.
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