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Analysts Stay Bearish On Western Union Despite New 52-Week Highs
Friday, November 1, 2019 - 2:00pm | 557Read More...The Western Union Company (NYSE: WU) reported third-quarter results, which sent the stock to a new 52-week high. The Analysts Morgan Stanley analyst James Faucette maintains at Underweight with a $20 price target. Citi analyst Ashwin Shirvaikar maintains at Sell, unchanged $20.50. Bank of America...
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Sell-Side Weighs In On Accenture's 'Steady' Quarter
Friday, June 28, 2019 - 1:50pm | 413Read More...Accenture Plc (NYSE: ACN) on Thursday reported fiscal third-quarter results, which came in better than expected with a positive revision to 2019 guidance. The Analysts Citi's Ashwin Shirvaikar maintains a Buy rating on Accenture with a $211 price target. BMO Capital Markets' Keith Bachman...
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Endava's Quiet Period Ends: What The Street Thinks
Tuesday, August 21, 2018 - 3:28pm | 656Read More...Shares of Endava PLC - ADR (NYSE: DAVA), a United Kingdom-based technology services provider, traded for the first time on the NYSE in late July, and Tuesday marks the end of the "quiet period." Here's what some on the Street are saying about the stock. The Analysts Citi's...
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Citigroup: Green Dot's Good News May Be Priced In
Monday, November 13, 2017 - 11:54am | 373Read More...After going about a consolidation move for much of 2016, Green Dot Corporation (NYSE: GDOT) shares took off strongly in 2017. The Analyst Citigroup analyst Ashwin Shirvaikar downgraded his rating on Green Dot from Buy to Neutral and upped his price target from $54 to $66. The Thesis Many of...
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Whether Ackman Wins Or Loses His Battle With Management, He's Likely To Cause Change At ADP
Tuesday, August 22, 2017 - 11:40am | 458Read More...Automatic Data Processing (NASDAQ: ADP) is a wildcard for investors after activist hedge fund manager Bill Ackman made the company his latest target. Ackman’s Pershing Square Capital took an 8-percent ownership stake in ADP, and Ackman immediately nominated three directors to join the company...
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What Are Wall Street's Top Analysts Saying About PayPal's Earnings?
Thursday, July 27, 2017 - 2:16pm | 934Read More...Paypal Holdings Inc (NASDAQ: PYPL) reported on Wednesday its second-quarter results, which helped boost the stock to a new all-time high of $61.30 on Thursday. Here is a roundup of what some of Wall Street's top analysts are saying after the print. Oppenheimer: 'Stellar' Quarter...
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Citi Clients Respond To The Upgrade Of Computer Sciences To Buy
Friday, October 14, 2016 - 9:33am | 360Read More...While mentioning the investor feedback received after the upgrade of Computer Sciences Corporation (NYSE: CSC) from Neutral to Buy, Citi’s Ashwin Shirvaikar commented, “We remain quite confident in our investment thesis.” There was significant investor interest in the rating...
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Citi On Accenture: 'Good Execution But Priced In'
Friday, September 30, 2016 - 11:07am | 382Read More...Despite reporting better-than-expected earnings and strong bookings, Citi expects Accenture Plc (NYSE: ACN) shares to be range-bound and maintains its Neutral rating, as it believes the good execution is already priced in to the stock. Accenture finished 2016 with a strong 9 percent growth rate in...
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Accenture's Recent Bookings Should Reflect In Q4 Report
Tuesday, September 27, 2016 - 2:49pm | 303Read More...Accenture Plc (NYSE: ACN) will report its fourth quarter results on Thrusday and Citi expects earnings in line with consensus view. Analyst Ashwin Shirvaikar projects fourth quarter EPS of $1.30 (down from $1.32 previously) and revenue of $8.51 billion, in-line with consensus. Shirvaikar...
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Citi Expects Cognizant Shares To Do Well Over The Next 12 Months
Wednesday, July 20, 2016 - 2:09pm | 530Read More...Citi said the shares of Cognizant Technology Solutions Corp (NASDAQ: CTSH) should do well over the next 12 months while keeping its Buy rating on the stock. However, the brokerage cut its price target to $68 from $71. "Historically CTSH has commanded a premium valuation because it has grown its...
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Citi Previews PayPal's Q2 Earnings Report
Monday, July 18, 2016 - 8:42am | 330Read More...Citi’s Ashwin Shirvaikar expects Paypal Holdings Inc (NASDAQ: PYPL) to report strong results when the company announces its 2Q16 performance on July 21. Shirvaikar maintains a Buy rating on the company, with a price target of $46. Expectations For Earnings Call The analyst expects PayPal to...
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Ranking The Payment Stocks
Monday, June 13, 2016 - 9:17am | 398Read More...Payments processors had significantly outperformed the market over a 3- and 1-year timeframe due to various “secular, operational, cyclical and product/distribution-related factors,” Citi’s Ashwin Shirvaikar said in a report. He recommended moving steadily to “self help...
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One Major Question PayPal Investors Aren't Asking
Saturday, May 14, 2016 - 6:15pm | 262Read More...Paypal Holdings Inc (NASDAQ: PYPL) will conduct its analyst day on May 18, and Ashwin Shirvaikar of Citi pointed out a major question that investors aren't asking. "What's missing here is an explicit question about the benefits from PayPay's re-platforming of its technology/software stack,"...
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Citi Raises Target On PayPal Ahead Of Wednesday's Q1 Results
Friday, April 22, 2016 - 9:29am | 311Read More...Paypal Holdings Inc (NASDAQ: PYPL) is scheduled to report its 1Q16 earnings on April 27. Citi’s Ashwin Shirvaikar maintained a Buy rating on the company, while raising the price target from $41 to $46. 1Q Beat? Shirvaikar expects PayPal Holdings to report robust 1Q16 results, with...
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StreetSweeper Sees 'Ugly' Decline Coming For Globant
Tuesday, March 15, 2016 - 12:32pm | 532Read More...Globant SA (NYSE: GLOB) may be in for some volatility, and the potential drop could be down to $17/share. "Globant S.A. is living proof of the old adage, ‘Beauty is only skin deep,'" said StreetSweeper. "Just scratch the surface of this Luxembourg company and you'll find enough Quasimodo-esque...
