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Fly News Breaks for September 26, 2018
TSS
Sep 26, 2018 | 18:29 EDT
As reported earlier, BMO Capital analyst James Fotheringham initiated Total System Services with a Market Perform rating and a price target of $94. The analyst says the company's valuation appears "full" and its business model offers "below-average potential to surprise positively with respect to revenue growth". If it does grow above expectations, Fotheringham states the upside would most likely come from the company's "end-to-end strategies, integrated payment solutions, and focus on SMB merchants".
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