Seeking Alpha

CSG Systems (CSGS -3.8%) slips after Citigroup cut the shares to Neutral/High Risk on valuation....

CSG Systems (CSGS -3.8%) slips after Citigroup cut the shares to Neutral/High Risk on valuation. The firm notes the stock's strong run this year heading into potential contract renewals with key clients Comcast (CMCSA) and Time Warner (TWX) which it believes have been priced in. Additonally, a weak sales environment implies a lack of other catalysts while the need for continued investments implies margin weakness.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs