Vantiv (VNTV) Tops Q1 EPS by 3c; Guides FY16

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Strong Merchant Services Drive Vantive (VNTV) PT Increase - Piper Jaffray

April 27, 2016 7:23 AM EDT

Piper Jaffray analyst, Jason Deleeuw, believes Vantiv's (NYSE: VNTV) strong execution and strategic positioning will continue to drive market share gains and strong results but he remains Neutral on valuation. The PT increases to $57 (from $53), not high enough to warrant a ratings upgrade.

VNTV reported strong 1Q results, beating consensus revenue by ~5% and posting cash EPS of $0.56 vs. consensus of $0.53. The... More