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Fly News Breaks for July 17, 2015
TSS
Jul 17, 2015 | 07:45 EDT
Stephens believes the Q2 consensus view on Total System (TSS) is improperly modeling the Bank of America (BAC) step-up from Q1 and underestimating fundamental card growth. The firm, which believes Total System can beat on both the top and bottom line in Q2, keeps its Overweight rating and $45 target on the shares.
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