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Fly News Breaks for March 19, 2019
FLT, SQ, WP, FIS, TSS, GPN
Mar 19, 2019 | 07:03 EDT
Citi analyst Ashwin Shirvaikar made changes to his stock rankings in the Payments, Processors & IT Services space following FIS' (FIS) acquisition of Worldpay (WP). Global Payments (GPN) and TSYS (TSS) rise towards the top of the analyst's list. Both are "solid" stand-alone ideas but investors should also discuss whether M&A makes sense for either or both names, Shirvaikar tells investors in a research note. The other change made by the analyst was to swap in Square (SQ) to his highest tranche, or "Elite Eight," instead of FleetCor (FLT).
News For GPN;TSS;FIS;WP;SQ;FLT From the Last 2 Days
SQ
Apr 24, 2024 | 06:05 EDT
