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Fly News Breaks for March 4, 2016
VNTV
Mar 4, 2016 | 07:45 EDT
Citi analyst Ashwin Shirvaikar says Vantiv remains his top pick among the Processors. The company can continue to generate mid- to upper teens annual earnings growth through 2018, Shirvaikar tells investors in a research note. He finds the stock attractively valued relative to the company's earnings growth potential and points out there are no currency-related worries since 100% of sales are in the U.S. The analyst raised his price target for Vantiv to $61 from $58 and keeps a Buy rating on the name.
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