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PayPal, Hulu Partner: The Sell-Side Reacts
Monday, December 10, 2018 - 2:13pm | 400Read More...Streaming video service Hulu plans to accept Pay with PayPal Holdings Inc. (NASDAQ: PYPL)-owned Venmo for subscription payments on new accounts. The Analysts Bank of America Merrill Lynch analyst Jason Kupferberg maintained a Buy rating on PayPal with a $102 price target. UBS...
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BofA: Merger Synergies A P&L Accelerator For Worldpay
Wednesday, October 3, 2018 - 2:04pm | 331Read More...Payments solution provider Worldpay Inc (NYSE: WP) was formed in 2018 through the combination of merchant acquirers Vantiv and Worldpay Group. Notwithstanding the recent upward move, an analyst at Bank of America Merrill Lynch still sees a buying opportunity. The Analyst Jason Kupferberg upgraded...
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EPAM Systems No Longer Attractive For Putting New Money To Work, BofA Says
Tuesday, September 4, 2018 - 3:47pm | 355Read More...EPAM Systems Inc (NYSE: EPAM) is a well-positioned IT Services vendor, but faces headwinds such as tougher comparison and adverse forex impact, according to an analyst at Bank of America Merrill Lynch. The Analyst Analyst Jason Kupferberg downgraded EPAM from Buy to Neutral but increased his price...
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ADP Vs. Paychex: Bank Of America Picks A Winner
Tuesday, April 17, 2018 - 2:27pm | 377Read More...Automatic Data Processing (NASDAQ: ADP) and Paychex, Inc. (NASDAQ: PAYX) trade a similar earnings multiples, but one Wall Street analyst says ADP has a unique opportunity that makes it the better overall investment. The Analyst Bank of America analyst Jason Kupferberg reiterated his Buy rating...
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BofA Sees 12% Upside In Global Payments
Wednesday, February 21, 2018 - 6:02pm | 334Read More...Global Payments Inc (NYSE: GPN) reported fiscal fourth-quarter results Feb. 15, with an earnings beat and revenues that fell shy of estimates. The payments processor also issued initial full-year 2018 guidance. The Analyst Bank of America Merrill Lynch analyst Jason Kupferberg reiterated a...
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Morgan Stanley, BofA Positive On Pagseguro, Brazil's 'Square With A Twist'
Tuesday, February 20, 2018 - 12:54pm | 681Read More...Brazil-based Pagseguro Digital Ltd (NYSE: PAGS) raised around $2.27 billion in its January initial public offering. The fintech company's business model is similar to that of Square Inc (NYSE: SQ) and offers card processing services to smaller merchants that are dependent on Brazi's...
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First Data Is Bank Of America's 'Great Value Idea' For 2018
Thursday, January 18, 2018 - 3:46pm | 417Read More...Global payment technology solutions provider First Data Corp (NYSE: FDC), having lagged the comparable group by 2,500 basis points in 2017, is likely to see a reacceleration in growth in 2018, according to Bank of America Merrill Lynch. The Analyst BofA Merrill Lynch analyst Jason...
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After 24% Gain By Paychex, BofA Steps To The Sidelines
Tuesday, January 9, 2018 - 5:02pm | 471Read More...Now that shares of Paychex, Inc. (NASDAQ: PAYX) have gained 24 percent in the past five months, one Wall Street firm is dropping its bullish thesis. The Analyst Bank of America Merrill Lynch's Jason Kupferberg downgraded Paychex's stock rating from Buy to Neutral with an unchanged $...
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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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ADP Vs. Paychex: Bank Of America Changes Its Preference
Tuesday, December 5, 2017 - 2:22pm | 488Read More...Citing the underperformance of Automatic Data Processing (NASDAQ: ADP) relative to Paychex, Inc. (NASDAQ: PAYX) over the past three months, and the prospects for a sharper acceleration in ADP's P&L growth for fiscal year 2018 and beyond, Bank of America Merrill Lynch said it prefers ADP...
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A Primary Beneficiary Of The Ongoing E-Commerce Boom Will Be PayPal
Sunday, October 8, 2017 - 5:42pm | 368Read More...There is one company that is best positioned to take full advantage of the "inexorable trend" of payments moving from offline to online channels: Paypal Holdings Inc (NASDAQ: PYPL), analysts at Bank of America commented in a research report. The firm's Jason Kupferberg maintains a Buy rating on...
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Under New CEO, Visa Delivers Its Best Quarter In Awhile
Friday, February 3, 2017 - 11:19am | 295Read More...Jefferies said Visa Inc (NYSE: V)’s first quarter under new CEO Al Kelly was the strongest in awhile. Investors too seem to agree as the shares climbed about 5 percent in the Friday's pre-market hours to touch a new 52-week high of $86.38. The timing of incentives and opex drove a 10...
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The Sell Side Reacts To PayPal's Q3 Results
Friday, October 21, 2016 - 1:00pm | 361Read More...Shares of Paypal Holdings Inc (NASDAQ: PYPL) gained more than eight percent on Friday and traded at fresh 52-week highs after the company reported its third quarter results. Related Link: PayPal Little Changed On Lukewarm Results, Guidance Here is a summary of how Wall Street analysts reacted...
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PayPal Keeps Its Bullish Investors Happy In Q3
Friday, October 21, 2016 - 9:24am | 417Read More...Jefferies believes Paypal Holdings Inc (NASDAQ: PYPL)'s third-quarter results and margin outlook have kept bullish investors happy. Aside from that, the margin outlook also eased the bear case following the partnerships between Visa Inc (NYSE: V) and Mastercard Inc (NYSE: MA). Analysts Jason...
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Q3 Could Be Quite The Catalyst For PayPal
Tuesday, October 11, 2016 - 3:53pm | 439Read More...Jefferies expects third-quarter results from Paypal Holdings Inc (NASDAQ: PYPL) to provide fresh catalysts citing its deep dive into the competitive landscape. The firm believes the company enjoys the "first mover" advantage driven by investments in innovation and expects solid numbers for the...













