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Goldman Sachs Downgrades Total System Services (TSS) to Neutral

August 15, 2011 7:23 AM EDT
Get Alerts TSS Hot Sheet
Price: $133.27 --0%

Rating Summary:
    16 Buy, 15 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 11 | Down: 18 | New: 17
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Goldman Sachs downgraded Total System Services (NYSE: TSS) from Buy to Neutral with a price target of $19.

The firm cited a cautious stance on the company's financial services vertical (75% of total revenue) and Europe business (20%).

For more ratings news on Total System Services click here and for the rating history of Total System Services click here.

Shares of Total System Services closed at $17.39 yesterday.


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