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Wall Street Reacts To VeriFone Earnings
Friday, September 4, 2015 - 10:18am | 375VeriFone Systems Inc (NYSE: PAY) opened sharply lower following Q3 earnings. Of four early notes from Wall Street analysts, three maintained Overweight and Outperform ratings including Barclays, Pacific Crest and Wedbush. Deutsche Bank is the contrarian in the group, saying that...
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Deutsche Bank Just Met With Visa's CEO, Says Business Is 'Healthy'
Tuesday, March 31, 2015 - 12:05pm | 399In a report published Tuesday, Deutsche Bank analyst Bryan Keane discussed a recent meeting with Visa Inc (NYSE: V)'s CEO Charlie Scharf along with other key executives at the company's San Francisco office. Shares of Visa remain Buy rated with an unchanged $79 price target. New...
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Deutsche Bank Raises Price Targets On Visa, Mastercard
Friday, January 16, 2015 - 11:02am | 249Deutsche Bank commented on foreign exchange and oil impacts to Visa Inc (NYSE: V) and Mastercard Inc (NYSE: MA) Friday and raised its price target on both companies. Analysts led by Bryan Keane felt that both oil and forex are unlikely to “hold back robust fundamentals.” “...
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Deutsche Bank Raises Paychex Price Target
Monday, December 22, 2014 - 4:01pm | 253Deutsche Bank raised its price target on Paychex, Inc. (NASDAQ: PAYX) Monday from $42 to $46 and maintained a Hold rating following the company's Q2 earnings release. Analysts led by Bryan Keane felt the company is "well positioned for the key selling season." “PAYX posted...
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Deutsche Bank Sees Faster Growth For Cognizant Technology Solutions
Tuesday, December 16, 2014 - 4:47pm | 219Cognizant Technology Solutions Corp's (NASDAQ: CTSH) revenue growth rate hit a trough in the third quarter and will accelerate to 21 percent in 2015, an analyst said Tuesday. Deutsche Bank's Bryan Keane raised his target 19 percent on the company to $69 a share and called it his "...
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MasterCard Earnings Show The Company On Track For A Solid 2014
Friday, May 2, 2014 - 3:46pm | 851On Thursday, MasterCard (NYSE: MA) reported its first quarter results. The payment-processor earned $0.73 per share, topping the consensus estimate of $0.72. Revenue of $2.17 billion beat analyst expectations by $30 million. MasterCard's net income for the quarter rose to $870 million, from $...
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Wall Street Analysts Update Estimates for Visa Following Q1 Earnings
Friday, April 25, 2014 - 4:31pm | 225Shares of Visa (NYSE: V) are down 4.7 percent to $199.57 in Friday's trading following mixed first quarter results. Wall Street analysts have been busy updating their outlooks going forward. Deutsche Bank analyst Bryan Keane remains “comfortable with Visa's ability to accelerate revenue growth...
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No Easy Ending In Sight As Fed Battle Over Debit-Card Transaction Costs Rages On
Friday, January 17, 2014 - 5:45pm | 498The U.S. Federal Reserve is stuck in fight over debit-card transaction costs between banks and retailers. In a Bloomberg article, reporter Andrew Zajac wrote that the Federal Reserve is in the U.S. Court of Appeals at the commencement of the Durbin appeal today defending the decision to cap swipe...
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UPDATE: Deutsche Bank Reiterates on Cognizant Technology Solutions as Runway Looks Long, Demand is Picking Up
Tuesday, November 19, 2013 - 11:34am | 159In a report published Tuesday, Deutsche Bank analyst Bryan Keane reiterated a Buy rating on Cognizant Technology Solutions Corp. (NASDAQ: CTSH), and raised the price target from $95.00 to $111.00. In the report, Deutsche Bank noted, “We are raising our TP on CTSH to $111 from $95, as we believe...
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UPDATE: Deutsche Bank Lowers PT on Accenture Following Revenue Guidance Miss
Friday, June 28, 2013 - 10:24am | 147In a report published Friday, Deutsche Bank analyst Bryan Keane reiterated a Buy rating on Accenture (NYSE: ACN), but lowered the price target from $87.00 to $82.00. In the report, Deutsche Bank noted, “ACN missed rev guidance (first time since 2Q09) posting 3Q13 revs of $7,198 m (+0.6% Y/Y, 3...