Cowen Starts Vantiv (VNTV) at Outperform
Get Alerts VNTV Hot Sheet
Rating Summary:
28 Buy, 7 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 6 | Down: 3 | New: 1
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Cowen initiates coverage on Vantiv (NYSE: VNTV) with a Outperform rating and a price target of $52.00.
Analyst George Mihalos commented, "We initiate coverage with an Outperform rating and $52 TP – 20x our CY17 adj. EPS estimate (expensing stock comp). We expect VNTV will post best-in-class industry revenue growth with competitive advantages tied to scale, # 1 positioning in faster growing channels (IPOS, merchant bank) and investments in Card-Not-Present (CNP) technology."
For an analyst ratings summary and ratings history on Vantiv click here. For more ratings news on Vantiv click here.
Shares of Vantiv closed at $44.63 yesterday.
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