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Goldman Sachs Says Evertec Bear Thesis Was 'Wrong,' Puerto Rico Recovering Faster Than Expected
Thursday, February 22, 2018 - 1:03pm | 356Read More...Evertec Inc (NYSE: EVTC), a Puerto Rican transaction processing company, has seen its stock gain 15 percent over the past three months, prompting Goldman Sachs to announce its bear thesis was "wrong." The Analyst Goldman Sachs' James Schneider upgraded Evertec's stock...
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Goldman Downgrades Evertec, Says Puerto Rico's Hurricane Recovery Will Hurt Prospects
Wednesday, January 17, 2018 - 5:35pm | 418Read More...Street estimates for Evertec Inc (NYSE: EVTC), which operates full-service transaction processing in Latin America and the Caribbean, may not be reflect the company's risks, according to Goldman Sachs. The Analyst Goldman Sachs analyst James Schneider downgraded Evertec from...
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Wall Street Weighs In: Two Analyst's Favorite Stocks In The Payments Space
Monday, December 11, 2017 - 5:39pm | 517Read More...A pair of Wall Street powerhouses have weighed in on their 2018 outlooks for payment stocks. Analysts from both firms are bullish on their top payment names heading into what could be a big year for investors. Bank Of America Weighs In On Friday, Bank of America analyst Jason...
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Goldman: Total System Services Shares No Longer A Bargain, But Still Room For Upside
Monday, December 11, 2017 - 4:17pm | 284Read More...Total System Services, Inc. (NYSE: TSS) announced a quarterly dividend of 13 cents per share payable Jan. 2. The Analyst Goldman Sachs' James Schneider downgraded Total System Services from Buy to Neutral and maintained the $80 price target. The Thesis Schneider decided to downgrade...
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Is The Street Underestimating ADP? Goldman Upgrades
Monday, December 11, 2017 - 3:16pm | 365Read More...The Street is underestimating margin expansion at Automatic Data Processing (NASDAQ: ADP), a Goldman Sachs analyst said Monday. The Analyst Goldman Sachs analyst James Schneider upgraded shares of ADP from Neutral to Buy and upped his 12-month price target from $110 to $135. The...
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Goldman Calls IBM's Earnings Low Quality
Friday, January 20, 2017 - 9:12am | 370Read More...“We remain Neutral on International Business Machines Corp. (NYSE: IBM) as we think organic revenue inflection is needed to drive multiple expansion from current levels. We could be more constructive if we see evidence of sustained improvement in Software & Services revenue,”...
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Buy Square: Goldman Sachs' Takeaways From CFO Meeting
Monday, November 14, 2016 - 9:21am | 403Read More...Goldman Sachs’ James Schneider believes Square Inc (NYSE: SQ)'s “prospects of penetration with large merchants, its ability to monetize smaller merchants with software and lending, and its margin potential are significantly under-appreciated.” Schneider maintains a Buy rating on...
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Where Was The Bright Spot In IBM's Earnings?
Tuesday, October 18, 2016 - 8:43am | 330Read More...Although International Business Machines Corp. (NYSE: IBM) reported strong Q3 headline results, its core margins weakened, with rising investments, Goldman Sachs’ James Schneider said in a report. He maintained a Neutral rating on the company, while reducing the 12-month price target from $...
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As Risks Mount For IBM, Look For Shares To Trade Range Bound
Tuesday, October 11, 2016 - 11:41am | 396Read More...International Business Machines Corp. (NYSE: IBM) is scheduled to report its Q3 results on October 17. “We expect the stock to remain range-bound as we think the quarter will be viewed as solid at a headline level,” Goldman Sachs’ James Schneider said in a report. He maintains a...
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Goldman Removes Sabre From 'Conviction Buy' List, Sees Few Near-Term Catalysts
Tuesday, October 4, 2016 - 10:55am | 243Read More...Goldman Sachs removed Sabre Corp (NASDAQ: SABR) from its Conviction Buy List on lack of near-term catalysts due to tepid near-term macro conditions and travel datapoints. However, the brokerage reiterated its Buy rating on Sabre given combination of long-term growth potential and attractive...
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Global Payments A Buy At Goldman Sachs
Thursday, September 15, 2016 - 8:39am | 351Read More...Goldman Sachs upgraded Global Payments Inc (NYSE: GPN) to Buy from Neutral and sees 20 percent upside potential with its new price target of $88 (up from $80) on sustainable growth from OpenEdge and under-appreciated synergies from the Heartland deal. "Our bottom-up analysis suggests that Global's...
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Cognizant Downgraded At Goldman Sachs On Headwinds Through Early 2017
Thursday, September 15, 2016 - 7:58am | 327Read More...The cyclical headwinds being faced by Cognizant Technology Solutions Corp’s (NASDAQ: CTSH) Financials and Healthcare verticals would likely persist through the first half of 2017, Goldman Sachs’ James Schneider said in a report. He downgraded the rating on the company from Buy to...
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Negative Sentiment On Square's Stock Should Start To Turn The Corner
Thursday, August 4, 2016 - 9:57am | 396Read More...Square Inc (NYSE: SQ) reported robust 2Q16 results, with the key metrics ahead of expectations. Goldman Sachs’ James Schneider maintains a Buy rating on the company, with a price target of $15. Strong Quarter Square reported its adjusted revenue for 2Q16 at $171 million, well ahead of the...
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Goldman Gives IBM Congrats On The Quarter, But Sees No Inflection Point Yet
Tuesday, July 19, 2016 - 1:15pm | 284Read More...Goldman Sachs expects International Business Machines Corp. (NYSE: IBM) shares to hold its recent gains post a solid quarter, but the brokerage is yet to become constructive on the shares as it maintained its Neutral rating. "[W]e believe it is still too early to call for an inflection in...
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Goldman Sees 'A Solid Print' Out Of Visa This Week
Monday, July 18, 2016 - 10:33am | 322Read More...Goldman Sachs’ James Schneider expects Visa Inc (NYSE: V) to deliver “a solid print,” driven by “stable retail trends with moderating FX headwinds, partly offset by tepid cross-border results.” Schneider maintains a Buy rating on the company, with a price target of $86...
