Total System Services (TSS) PT Raised to $65 at Stifel
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Price: $133.27 --0%
Rating Summary:
15 Buy, 15 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
15 Buy, 15 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Stifel raised its price target on Total System Services (NYSE: TSS) to $65.00 (from $60.00) while maintaining a Buy rating following another solid quarter driven by the company's CUP JV and coupled with the CFPB delay.
John Davis said the results gave them a renewed sense of confidence in their bull thesis as both the merchant margin exceeded even our lofty expectations and NetSpend results were better than feared.
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