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Fly News Breaks for March 20, 2019
GPN, FDC, FISV, FIS, WP
Mar 20, 2019 | 07:16 EDT
Morgan Stanley analyst James Faucette downgraded Worldpay (WP) to Equal Weight from Overweight, stating that he does not foresee regulatory challenges to the acquisition of the company by FIS (FIS). Faucette also said that the FIS/Worldpay and Fiserv (FISV)/First Data (FDC) deals make him incrementally more positive on Global Payments (GPN), which he could see as either a potential acquirer or takeover candidate.
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