Ashwin Shirvaikar

Paypal Holdings Inc (NASDAQ: PYPL) shares are down 6 percent since August 12, amid volatility. Citi’s Ashwin Shirvaikar maintained a Buy rating on the company, with a price target of $44. Apple's possible entry into payments does not pose a "new" threat to PayPal,...

In a report issued Sunday, Citi analysts Ashwin Shirvaikar and Ryan Potter downgraded Globant SA (NYSE: GLOB) from Buy to Neutral and modestly raised their estimates. Combined with a higher multiple, this led them to boost their price target from $27.00 to $34.00. Valuation The analysts...

In a report published Wednesday, Citi analyst Ashwin Shirvaikar initiated coverage of Paypal Holdings Inc (NASDAQ: PYPL) with a Buy rating and price target of $47. The analyst believes that the company has the ability to sustain a net revenue growth rate of over 15 percent, which would translate...

In a report published Sunday, Citigroup analyst Ashwin Shirvaikar offered some thoughts following Samsung Elect LTD (OTC: SSNLF) introduction of its new phones, Samsung Galaxy S6 and S6 Edge during the Mobile World Congress. Samsung said that its Samsung Pay services will be introduced to the U...

Analysts at Citi Research downgraded shares of Accenture Plc (NYSE: ACN) to Neutral and lowered their price target to $86 from $88 Tuesday. Analysts outlined the logic behind the downgrade: 1) Lowered estimates. Ashwin Shirvaikar notes, "Following a 120% 5 year run, the company is...

In a report published Thursday, Citigroup analyst Ashwin Shirvaikar reiterated a Sell rating on Paychex (NASDAQ: PAYX), but lowered the price target from $40.00 to $39.50. In the report, Citigroup noted, “PAYX reported roughly in-line results for its fiscal 4Q14. Its initial guide for FY15 was...

In a report published Friday, Citigroup analyst Ashwin Shirvaikar reiterated a Buy rating on EPAM Systems (NYSE: EPAM), and raised the price target from $46.00 to $50.00. In the report, Citigroup noted, “EPAM had solid results, much better than expected both on the top- and bottom-line – we...

In a report published Friday, Citigroup analyst Ashwin Shirvaikar reiterated a Buy rating on Blackhawk Network (NASDAQ: HAWK), but lowered the price target from $33.00 to $26.00. In the report, Citigroup noted, “A perfect storm – a 4Q13 miss; tepid 2014 bottom-line guidance; Safeway's spin of its...

In a report published Tuesday, Citigroup analyst Ashwin Shirvaikar upgraded the rating on Blackhawk Network Holdings (NASDAQ: HAWK) from Neutral to Buy, and raised the price target from $25.00 to $27.00. In the report, Citigroup noted, “We are upgrading HAWK to Buy from Neutral and raising our...

In a report published Wednesday, Citigroup analyst Ashwin Shirvaikar reiterated a Buy rating on Towers Watson & Co. (NYSE: TW), and raised the price target from $119.00 to $126.00. In the report, Citigroup noted, “We are changing our estimates for TW's acquisition of Liazon, a provider of...

In a report published Tuesday, Citigroup analyst Ashwin Shirvaikar reiterated a Buy rating $35.00 price target on ExlService (NASDAQ: EXLS). In the report, Citigroup noted, “During its recent 3Q13 earnings call, EXLS had indicated it had a Top 3 client that was close to a final decision on whether...

In a report published Friday, Citigroup analyst Ashwin Shirvaikar reiterated a Neutral rating on Green Dot (NYSE: GDOT). In the report, Citigroup noted, “GDOT reported solid revenues and in-line EPS (excluding a tax benefit) for 3Q13. The 2013 revenue outlook was raised and the company guided...

In a report published Friday, Citigroup analyst Ashwin Shirvaikar reiterated a Neutral rating on Blackhawk Network Holdings (NASDAQ: HAWK), but lowered the price target from $26.00 to $25.00. In the report, Citigroup noted, “HAWK reported another mixed quarter with revenues missing consensus...

In a report published Wednesday, Citigroup analyst Ashwin Shirvaikar reiterated a Buy rating on Accenture Ltd. (NYSE: ACN), and raised the price target from $84.50 to $86.00. In the report, Citigroup noted, “ACN reports 4Q13 results after the close on Sep 26th – we look for a good quarter but also...

In a report published Wednesday, Citigroup analyst Ashwin Shirvaikar reiterated a Buy rating on Total System Services (NYSE: TSS), and raised the price target from $33.00 to $34.00. In the report, Citigroup noted, “We are adding TSS to Citi's Focus List replacing EPAM. To be clear, EPAM remains a...