Keefe, Bruyette & Woods Starts NetSpend (NTSP) at Outperform; Rising Tide Lifts All Boats, but It May Be Choppy

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 8/17/2026

1. SPY
2. EYPT
3. NVDA
4. TSLA
5. USO
6. AWK
7. GNK
8. ARGX
9. FNGR
10. PLUR

November 28, 2011 7:22 AM EST
Get Alerts NTSP Hot Sheet
Price: $15.98 --0%

Rating Summary:
    1 Buy, 14 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 12 | Down: 23 | New: 22
Join SI Premium – FREE
Keefe, Bruyette & Woods initiates coverage on NetSpend (NASDAQ: NTSP) with a Outperform. PT $8.00.

"We believe the prepaid card industry is a significant growth opportunity within the payments space particularly given the large number of unbanked/underbanked consumers domestically and abroad. We also believe that the movement from paper-based payments mechanisms to electronic is additive to growth...We are establishing 2011, 2012 and 2013 EPS estimates of $0.45, $0.54 and $0.62, respectively."

For an analyst ratings summary and ratings history on NetSpend click here. For more ratings news on NetSpend click here.

Shares of NetSpend closed at $5.70 yesterday.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

New Coverage

Related Entities

Keefe, Bruyette & Woods