Credit Suisse Starts Vantiv (VNTV) at Outperform

Credit Suisse initiates coverage on Vantiv (NYSE: VNTV) with a Outperform rating and a price target of $62.00.

Analyst Paul Condra commented, "We recommend owning the merchant acquirer basket (VNTV, HPY, GPN) for broad exposure to strong fundamentals and company-specific diversification. Valuation is rich, but we believe investors should be on the right side of this group."

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 $51.64 yesterday.

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