Information Provided By:
Fly News Breaks for February 6, 2017
VNTV
Feb 6, 2017 | 07:42 EDT
Nomura analyst Dan Dolev said Vantiv's Q4 report and guidance were fantastic but concerns lingered regarding the impled deceleration in MS growth, the well-communicated drag from FI de-conversions and sizable contribution from TRA and M&A to FY17 earnings. Dolev sees at least 200-300bps potential upside to Merchan Services revenue gudiance, and when combined with likely upside to core margins, should drive 7-8% upside to FY17 WPS guidance. As a result, the analyst raised Vantiv's price target to $72 from $64 and reiterated his Buy rating.
News For VNTV From the Last 2 Days
There are no results for your query VNTV