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Credit Suisse Initiates Coverage On Paycom: Current Valuation 'Does Not Reflect Growth'
Wednesday, March 23, 2022 - 12:52pm | 222Paycom Software Inc (NYSE: PAYC) is poised to benefit from the increasing use of technology-driven employee benefit consumption, according to Credit Suisse. The Paycom Software Analyst: Kevin McVeigh initiated coverage of Paycom Software with an Outperform rating and a price target of $425. The...
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Cintas Trades Higher After Q1 Print: 3 Takes From The Street
Wednesday, September 25, 2019 - 2:56pm | 608Workplace uniform maker Cintas Corporation (NASDAQ: CTAS) reported first-quarter results Tuesday that were interpreted differently by three Street analysts. The Analysts Stifel analyst Shlomo Rosenbaum maintained a Hold rating on Cintas with a price target lifted from $226 to $256. Credit...
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Putting The Equifax Hack Into Perspective: How It Ranks
Friday, September 8, 2017 - 2:10pm | 618Equifax Inc. (NYSE: EFX) shares plunged more than 13 percent Friday on news of a massive security breach. The breach reportedly impacted as many as 143 million Americans. Deutsche Bank analyst Kevin McVeigh issued a new Equifax note on Thursday discussing just how costly much smaller prior...
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Why Deutsche Bank Prefers CoreCivic Over GEO Group
Wednesday, February 22, 2017 - 1:20pm | 534In a note released Tuesday, Deutsche Bank said it prefers Corecivic Inc (NYSE: CXW) over The GEO Group Inc (NYSE: GEO), going by the exposure each of these has to the Immigration and Customs Enforcement, or ICE. Focus On Immigration To Help Analyst Kevin McVeigh and Ato Garrett believes the new...
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Deutsche Bank On Info Services Group: 3 Buys, 2 Holds And A Sell
Wednesday, December 7, 2016 - 3:51pm | 495Deutsche Bank has become selective on information service stocks amid the potential for further rate hikes, which may impact valuations in the sector. Ratings The brokerage launched coverage of Corelogic Inc (NYSE: CLGX) with a Sell rating and reinstated coverage of Nielsen N.V. Ordinary Shares (...
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Deutsche Bank Sets A New Sell Rating On Trueblue Shares
Thursday, August 18, 2016 - 11:52am | 302Deutsche Bank’s Kevin McVeigh believes Trueblue Inc (NYSE: TBI) shares have “rallied too much,” rising 25 percent since the company lowered its guidance in Q1. McVeigh initiated coverage of the company with a Sell rating and price target of $20. Execution Needed Mentioning that he...
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Deutsche Bank Initiates On Assignment Shares With A Buy Rating
Thursday, August 18, 2016 - 10:49am | 355Deutsche Bank’s Kevin McVeigh believes the IT staffing space is benefiting from “continued technology innovation, required implementations, system upgrades, and maintenance.” McVeigh initiated coverage of On Assignment, Inc. (NYSE: ASGN) with a Buy rating and price target of $44....
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Resources Connection Shares Could Trade Down To $13, Deutsche Bank Warns
Thursday, August 18, 2016 - 10:16am | 264According to Deutsche Bank’s Kevin McVeigh, Resources Connection, Inc. (NASDAQ: RECN) “is a professional services firm with a variable pay model, making it a hybrid between a professional services and staffing firm.” McVeigh initiated coverage of the company with a Sell rating...
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Deutsche Bank Sees Robert Half As A 'Tactical Buy'
Thursday, August 18, 2016 - 10:02am | 308Historical trading patterns suggest 15-20 percent upside potential for Robert Half International Inc. (NYSE: RHI), Deutsche Bank’s Kevin McVeigh said in a report. He initiated coverage of the company with a Buy rating and a price target of $44. Robert Half has a strong brand on account of...
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3 Payment Stocks Macquarie Thinks Will Win From Holiday Sales
Tuesday, December 29, 2015 - 10:38am | 299Shares of Mastercard Inc (NYSE: MA), Visa Inc (NYSE: V) and First Data Corp are up 11 percent, 17 percent and 4 percent, respectively, since September 29. Macquarie’s Kevin McVeigh maintained Outperform ratings on all three companies with price targets of $112 for MasterCard, $85 for...
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First Data Corp Given Outperform At Macquarie, Firm Sees Several Catalysts
Friday, December 18, 2015 - 10:26am | 269Shares of First Data Corp (NYSE: FDC) are down 1 percent since they started trading in mid-October. Macquarie’s Kevin McVeigh initiated coverage of the company with an Outperform rating and a price target of $20. Refinancing of debt and an increase in the Fed fund rate are expected...
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Global Payments Just Acquired Heartland Payment Systems; Here Is What Wall Street Is Saying
Wednesday, December 16, 2015 - 3:53pm | 678Shares of Global Payments Inc (NYSE: GPN) plunged by more than 11 percent, while shares of Heartland Payment Systems, Inc. (NYSE: HPY) gained more than 10 percent. Global Payments announced after Tuesday's close it will acquire Heartland Payment for $4.3 billion, or $100 per share....
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Why Monster Worldwide Has 'Monstrous' Intrinsic Value
Tuesday, September 29, 2015 - 9:40am | 283Shares of Monster Worldwide, Inc. (NYSE: MWW) have moved up almost 37 percent year-to-date, reaching a high of $8.11 on August 17. Macquarie’s Kevin McVeigh has reiterated an Outperform rating and price target of $10 on the company. McVeigh expects the stock to benefit from the...
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Here's Why Visa Can Beat Earnings Expectations Today
Thursday, July 23, 2015 - 12:28pm | 344Visa Inc (NYSE: V) is scheduled to report its third quarter earnings after the market closing on Thursday. Kevin McVeigh, managing director at Macquarie Group, was on CNBC to discuss whether the company can beat earnings expectations. Pressure Will Cool Off "The models tend to be...