Information Provided By:
Fly News Breaks for October 5, 2018
WP
Oct 5, 2018 | 07:02 EDT
Wedbush analyst Moshe Katri reiterated an Outperform rating on Worldpay and raised his price target to $120 from $100, citing earlier and larger than expected revenue and cost synergies from the combination with Vantiv with additional benefits of gradual operational improvements at the company's U.K. segment. Worldpay's recent and ongoing changes in its U.K.-based senior management, along with a Vantiv-driven "go to market" approach will likely result in incremental revenue and earnings accretion, which he sees at 10c-20c on a run-rate basis, Katri tells investors in a research note. Worldpay is on Wedbush's Best Ideas List.
News For WP From the Last 2 Days
There are no results for your query WP