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Sell-Side Sold On PayPal's Q3, Bumps Up Price Targets
Friday, October 20, 2017 - 2:53pm | 757Paypal Holdings Inc (NASDAQ: PYPL) reported Thursday after the market close third-quarter results, which showed 21-percent revenue growth to $3.24 billion and 31 percent non-GAAP earnings per share growth to 46 cents. The payment processing platform said active customer accounts totaled 218...
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Analyst: Coupa Didn't Have A Breakout Quarter To Justify Higher Valuation
Wednesday, September 6, 2017 - 2:41pm | 592Solid second-quarter results from Coupa Software Inc (NASDAQ: COUP) failed to send the sell side into a frenzy. While Loop Capital Markets didn't see it as a breakout quarter, which might justify a higher valuation, JMP Securities said its valuation for the company is roughly in line with the...
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ICF International: A Stock Picker's Play On Disaster Recovery Services
Wednesday, August 30, 2017 - 9:44am | 523After days of flooding the Texas coast, Tropical Storm Harvey hit land again Wednesday, inundating the Louisiana-Texas border with 2- to 4-foot storm surges. At least 30 have been confirmed dead, and destruction is said to be in the $50 billion range, and still climbing. But recovery aid is...
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What Are Wall Street's Top Analysts Saying About PayPal's Earnings?
Thursday, July 27, 2017 - 2:16pm | 934Paypal 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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Tailwinds Are Brewing For ManTech; Loop Upgrades To Buy
Friday, June 30, 2017 - 2:14pm | 419The U.S. government may be in disarray, but its opportunities for IT companies are strong, helping to earn Mantech International Corp (NASDAQ: MANT) an upgrade from Loop Capital Markets analyst Joseph Vafi. ManTech shares were upgraded from Hold to Buy with a price target increase from $41 to $44....
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Conflicting Views On Paypal's Margins
Thursday, April 27, 2017 - 2:23pm | 499Following Paypal Holdings Inc's (NASDAQ: PYPL) first quarter results, sell-side analysts offered diverging views on the company's margin trajectory. While Jefferies suggested the company's margins shined, Loop Capital Markets opined that take rate and transaction margin deterioration...
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After Another Solid Quarter, Visa Remains A Premiere Play On Global Economic Expansion
Friday, April 21, 2017 - 10:22am | 668Loop Capital Markets has given its stamp of approval for Visa Inc (NYSE: V)'s fiscal year second-quarter results. Following what it termed as a solid quarterly performance across the board, the firm said Visa remains one of the best ways to play the ongoing global economic expansion, ongoing...
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Green Dot Has 24% Upside As It Pivots From Prepaid Market To Full-Fledged Fintech
Wednesday, March 15, 2017 - 4:01pm | 319Joseph Vafi of Loop Capital raised his price target on Green Dot Corporation (NYSE: GDOT) from $33 to $41, citing its solid position in attractive prepaid market and evolution as a real fintech play. “We see the Company as well positioned to grow its many emerging fin tech business in mobile...
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Coupa Software's Valuation Is 'Extremely Full'
Wednesday, February 15, 2017 - 1:38pm | 377Among the financially-oriented SaaS companies, Coupa Software Inc (NASDAQ: COUP) offers “the most rapid and compelling” customer ROI [return on investment], Loop Capital’s Joseph Vafi said in a report. He added that the company also offers a multi-tenant cloud architecture that...
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PayPal Remains A Major Beneficiary Of The Unstoppable Growth In E-Commerce
Monday, January 23, 2017 - 9:16am | 317Paypal Holdings Inc (NASDAQ: PYPL) is scheduled to report its Q4 2016 results on Thursday. PayPal will likely report another revenue beat, driven by “a solid online holiday season and the company’s expanding merchant base, Loop Capital Markets’ Joseph Vafi said in a report. Vafi...
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Jefferies & Company Believes That Cognizant Technology (CTSH) Will Beat The Consensus Estimates
Friday, July 30, 2010 - 3:59pm | 156Joseph Vafi of Jefferies & Company said in an interview on CNBC that Cognizant Technology Solutions Corp. (NASDAQ: CTSH) will beat the Wall Street consensus on August 3rd, when it is due to report earnings. The analyst explained that fundamental factors are pointing for robust demand to...
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Jefferies & Company Inc. Initiates Coverage Of iGate Corp. (IGTE) With Buy Rating
Monday, May 3, 2010 - 11:16am | 90Analyst Joseph Vafi at Jefferies & Company Inc. has initiated coverage of iGate Corp. (NASDAQ: IGTE) with Buy rating. The 12-month price target for iGate Corp. stock has been set at $15. Jefferies & Company says that despite solid P&L performance in the last few quarters, the company...
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VanceInfo Technologies, Inc.’s (VIT) Price Target Raised
Friday, February 26, 2010 - 9:38pm | 85Analyst Joseph Vafi at Jefferies & Company, Inc. has raised the price target for VanceInfo Technologies, Inc. (NYSE: VIT) from $21 to $24. Jefferies believes that with the return of sequential growth to US based revenue, ongoing growth in China, and the potential for margin expansion, the...