-
JP Morgan Rates Cognizant Technology Solutions
Tuesday, January 13, 2015 - 12:33pm | 344JP Morgan moved from Not Rated to an Overweight rating on Cognizant Technology Solutions Corp (NASDAQ: CTSH) Tuesday and set a $63 price target. Analyst Tien-tsin Huang noted that “last quarter, CTSH closed the largest acquisition by an offshore ITS firm, buying TriZetto for $2.7B in cash...
-
UPDATE: JP Morgan Upgrades Xerox
Monday, July 28, 2014 - 11:15am | 73In a report released Monday, JP Morgan analyst Tien-tsin Huang upgraded Xerox (NYSE: XRX) from Underweight to Neutral. Analysts at JP Morgan believe Xerox's government healthcare business concerns are diminishing, which should influence higher service margins. Additional downside protection...
-
UPDATE: J.P. Morgan Upgrades Broadridge Financial Solutions as Outlook is De-Risked on Big Beat and No Raise
Friday, November 8, 2013 - 10:08am | 153In a report published Friday, J.P. Morgan analyst Tien-tsin Huang upgraded the rating on Broadridge Financial Solutions (NYSE: BR) from Underweight to Neutral, and raised the price target from $32.00 to $35.00. In the report, J.P. Morgan noted, “Broadridge's F1Q non-GAAP EPS of $0.39 nearly...
-
UPDATE: J.P. Morgan Downgrades ExlService Holdings as Loss of Travelers Creates Too Many Headwinds
Tuesday, November 5, 2013 - 10:20am | 148In a report published Tuesday, J.P. Morgan analyst Tien-tsin Huang downgraded the rating on ExlService Holdings (NASDAQ: EXLS) from Neutral to Underweight, and lowered the price target from $33.00 to $26.00. In the report, J.P. Morgan noted, “We are downgrading EXLS shares to Underweight (from...
-
UPDATE: J.P. Morgan Upgrades Green Dot Following Solid 3Q Results, Recent Share Weakness
Friday, November 1, 2013 - 8:55am | 123In a report published Friday, J.P. Morgan analyst Tien-tsin Huang upgraded the rating on Green Dot (NYSE: GDOT) from Neutral to Overweight, and raised the price target from $26.00 to $27.00. In the report, J.P. Morgan noted, “We're taking up our price target modestly to $27 (from $26) and...
-
UPDATE: J.P. Morgan Downgrades WEX on More Modest Outlook
Wednesday, August 14, 2013 - 8:55am | 268In a report published Wednesday, J.P. Morgan analyst Tien-tsin Huang downgraded WEX (NYSE: WEX) from Neutral to Underweight, but raised the price target from $77.00 to $86.00. In the report, J.P. Morgan noted, “We are downgrading WEX to Underweight from Neutral as we believe shares have gotten...
-
UPDATE: J.P. Morgan Downgrades Western Union on Mixed Factors
Wednesday, August 14, 2013 - 8:54am | 180In a report published Wednesday, J.P. Morgan analyst Tien-tsin Huang downgraded Western Union (NYSE: WU) from Neutral to Underweight, but raised the price target from $17.00 to $18.00. In the report, J.P. Morgan noted, “We are downgrading WU to Underweight from Neutral as shares are trading at...
-
UPDATE: J.P. Morgan Downgrades Global Payments on Little Room for EPS Growth Acceleration
Wednesday, August 14, 2013 - 8:53am | 198In a report published Wednesday, J.P. Morgan analyst Tien-tsin Huang downgraded Global Payments (NYSE: GPN) from Overweight to Neutral, but raised the price target from $48.00 to $55.00. In the report, J.P. Morgan noted, “GPN is the cheapest merchant processor in our coverage, trading at a...
-
UPDATE: J.P. Morgan Downgrades Broadridge Financial Solutions on Mixed Factors
Wednesday, August 14, 2013 - 8:52am | 184In a report published Wednesday, J.P. Morgan analyst Tien-tsin Huang downgraded Broadridge Financial Solutions (NYSE: BR) from Neutral to Underweight, but raised the price target from $31.00 to $32.00. In the report, J.P. Morgan noted, “We are downgrading BR to Underweight from Neutral as...
-
J.P. Morgan Reiterates Overweight Rating on Evertec Following Solid 2Q Results
Thursday, August 8, 2013 - 9:11am | 135In a report published Thursday, J.P. Morgan analyst Tien-tsin Huang reiterated an Overweight rating and $26.00 price target on Evertec (NYSE: EVTC). In the report, J.P. Morgan noted, “EVTC reported solid 2Q results highlighted by a slight revenue beat, in-line EPS and reiterated guidance...
-
UPDATE: J.P. Morgan Lowers PT on Computer Sciences Corporation on Multiple Risk Factors
Wednesday, July 10, 2013 - 11:32am | 110In a report published Wednesday, J.P. Morgan analyst Tien-tsin Huang reiterated an Underweight rating on Computer Sciences Corporation (NYSE: CSC), but lowered the price target from $48.00 to $47.00. In the report, J.P. Morgan noted, “Uncertainty in the US federal business, workforce...
-
UPDATE: J.P. Morgan Lowers PT on Accenture Following F3Q Topline Miss
Friday, June 28, 2013 - 11:03am | 175In a report published Friday, J.P. Morgan analyst Tien-tsin Huang reiterated an Overweight rating on Accenture (NYSE: ACN), but lowered the price target from $80.00 to $76.00. In the report, J.P. Morgan noted, “As feared in our preview, ACN's topline missed consensus/guidance, but came in below...
-
J.P. Morgan Reiterates Underweight Rating on Paychex Following Mixed F4Q Results
Thursday, June 27, 2013 - 10:07am | 198In a report published Thursday, J.P. Morgan analyst Tien-tsin Huang reiterated an Underweight rating on Paychex (NASDAQ: PAYX). In the report, J.P. Morgan noted, “PAYX results were not as good as we expected, with light FY14 guidance and mixed F4Q results, with weaker than we expected service...
-
J.P. Morgan Rates Verifone Systems (PAY) Overweight
Thursday, May 27, 2010 - 10:01am | 148J.P. Morgan analysts Tien-tsin Huang and Reginald L. Smith reiterated their Overweight rating for shares of Verifone Systems Inc (NYSE: PAY), with a price target of $22 per share. The analysts noted that Verifone Systems Inc reported earnings and revenue results that beat Wall Street estimates and...
-
J.P. Morgan Maintains Fiserv (FISV) Neutral Rating
Tuesday, May 18, 2010 - 9:18am | 272J.P. Morgan analyst Tien-tsin Huang maintained a Neutral rating for shares of Fiserv, Inc. (Nasdaq: FISV), with a price target of $54 per share. The analyst said that Jeff Yabuki, CEO of Fiserv, Inc., addressed several topics at the J.P. Morgan Global TMT Conference. Yabuki expressed confidence in...