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Goldman upgrades First Data to buy with price target of $25

Jun. 12, 2018 6:59 AM ETFiserv, Inc. (FI) StockFIBy: Gaurav Batavia, SA News Editor
  • James Schneider, Goldman analyst upgrades First Data (NYSE:FDC) to buy and sets PT of $25, 25% upside.
  • Schneider expects revenue growth to improve as the acquisition of CardConnect and BluePay would triple the company's exposure to sales coming from independent software vendors.
  • Schneider also sees the potential for stabilization in the joint ventures in the second half of the year.
  • Shares +0.54% PM.

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