Verizon (NYSE: VZ), IDEX Corp. (NYSE: IEX), Eastman Kodak Company (NYSE: EK), Fiserv, Inc. (NASDAQ: FISV) and Lincoln Electric Holdings Inc. (NASDAQ: LECO) had ratings on the reiterated by analysts.
Jefferies Group (NYSE:JEF) reiterated its "Buy" rating on Verizon (VZ).
Jefferies Group reiterated its "Buy" rating on IDEX Corp. (IEX).
Zacks Investment Research reiterated its "Neutral" rating on Eastman Kodak Company (EK). They have a price target of $0.75 on the company.
Zacks Investment Research reiterated its "Neutral" rating on Fiserv, Inc. (FISV). They have a price target of $61.00 on the company.
Zacks Investment Research reiterated its "Outperform" rating on Lincoln Electric Holdings Inc. (LECO). They have a price target of $46.00 on the company.
Showing posts with label Fiserv. Show all posts
Showing posts with label Fiserv. Show all posts
Friday, December 30, 2011
Thursday, August 4, 2011
Fiserv (FISV) (RKT) (RDC) (BGFV) (GGP) (CHH) Upgraded
Fiserv, Inc. (NASDAQ: FISV), Rock-Tenn Company (NYSE: RKT), Rowan Companies, Inc. (NYSE: RDC), Big 5 Sporting Goods (NASDAQ: BGFV), General Growth Properties, Inc. (NYSE: GGP) and Choice Hotels (NYSE: CHH) upgraded by analysts.
Rock-Tenn Company (RKT) was upgraded by Deutsche Bank (NYSE:DB) from a “Hold” rating to a “Buy” rating.
Rowan Companies, Inc. (RDC) was upgraded by Credit Suisse (NYSE:CS) from an “Underperform” rating to a “Neutral” rating. They have a price target of $46.00 on the company.
Fiserv, Inc. (FISV) was upgraded by Robert W. Baird from a “Neutral” rating to an “Outperform” rating. They have a price target of $70.00 on the company, up from $68.00.
Big 5 Sporting Goods (BGFV) was upgraded by Feltl & Co. from a “Hold” rating to a “Buy” rating. They have a price target of $10.00 on the company, down from $12.00.
General Growth Properties, Inc. (GGP) was upgraded by Keefe, Bruyette & Woods, Inc from an “Underperform” rating to a “Market Perform” rating.
Choice Hotels (CHH) was upgraded by Credit Suisse (NYSE:CS) from an “Underperform” rating to a “Neutral” rating. They have a price target of $30.00 on the company.
Rock-Tenn Company (RKT) was upgraded by Deutsche Bank (NYSE:DB) from a “Hold” rating to a “Buy” rating.
Rowan Companies, Inc. (RDC) was upgraded by Credit Suisse (NYSE:CS) from an “Underperform” rating to a “Neutral” rating. They have a price target of $46.00 on the company.
Fiserv, Inc. (FISV) was upgraded by Robert W. Baird from a “Neutral” rating to an “Outperform” rating. They have a price target of $70.00 on the company, up from $68.00.
Big 5 Sporting Goods (BGFV) was upgraded by Feltl & Co. from a “Hold” rating to a “Buy” rating. They have a price target of $10.00 on the company, down from $12.00.
General Growth Properties, Inc. (GGP) was upgraded by Keefe, Bruyette & Woods, Inc from an “Underperform” rating to a “Market Perform” rating.
Choice Hotels (CHH) was upgraded by Credit Suisse (NYSE:CS) from an “Underperform” rating to a “Neutral” rating. They have a price target of $30.00 on the company.
Tuesday, February 15, 2011
Warren Buffett Says Goodbye to Bank of America (NYSE:BAC)
In a filing with the Securities and Exchange Commission, Warren Buffett's Berkshire Hathaway (NYSE:BRK-A) revealed it totally divested of shares of Bank of America (NYSE:BAC) in the last quarter.
Buffett owned 5 million shares of Bank of America valued at around $745 million.
Bank of America had never been part of Berkshire's long-term financial holdings, which include M&T Bank (NYSE:MTB), American Express (NYSE:AXP), and Wells Fargo (NYSE:WFC).
One of Buffett's favorite companies, he acquired another 6.2 million shares of Wells Fargo in the fourth quarter. Berkshire's stake in Wells Fargo now stands at about 20 percent of the overall $52 billion investment portfolio held by the giant company.
Buffett lowered his stake in Bank of New York Mellon Corp. (NYSE:BK).
Non-bank stocks he sold were 6.5 million shares of Lowe's (NYSE:LOW); 6.1 million shares of Nalco Holding Co. (NYSE:NLC); 3.9 million shares of Fiserv Inc. (NASDAQ:FISV); 3.6 million shares of Nike Inc. (NYSE:NKE); 3.4 million shares of Nestle ; 1.9 million shares of Becton, Dickinson & Co. (NYSE:BDX); and 187,000 Comcast Corp. (NASDAQ:CMCSA) shares.
Buffett owned 5 million shares of Bank of America valued at around $745 million.
Bank of America had never been part of Berkshire's long-term financial holdings, which include M&T Bank (NYSE:MTB), American Express (NYSE:AXP), and Wells Fargo (NYSE:WFC).
One of Buffett's favorite companies, he acquired another 6.2 million shares of Wells Fargo in the fourth quarter. Berkshire's stake in Wells Fargo now stands at about 20 percent of the overall $52 billion investment portfolio held by the giant company.
Buffett lowered his stake in Bank of New York Mellon Corp. (NYSE:BK).
Non-bank stocks he sold were 6.5 million shares of Lowe's (NYSE:LOW); 6.1 million shares of Nalco Holding Co. (NYSE:NLC); 3.9 million shares of Fiserv Inc. (NASDAQ:FISV); 3.6 million shares of Nike Inc. (NYSE:NKE); 3.4 million shares of Nestle ; 1.9 million shares of Becton, Dickinson & Co. (NYSE:BDX); and 187,000 Comcast Corp. (NASDAQ:CMCSA) shares.
Wednesday, January 5, 2011
Fiserv's (NASDAQ:FISV) Growth Rate on Lower End of Range
Barclays (NYSE:BCS) realizes there are some things that could nudge Fiserv (NASDAQ:FISV) to a better-than-expected growth rate, but at this time they see growth coming in at the low end of the projected range.
Barclays said, "We recently had the opportunity to meet with FISV's CEO, Jeff Yabuki, with discussions centering around the company's growth trajectory. While we believe a long-term growth rate closer to the low end of the targeted range (4-8%) is priced-in, we think FISV has the potential to achieve some level of multiple expansion if it can demonstrate an ability to reach the mid- to higher end of the growth target over time.
"We are not yet ready to call that trend, but ... factors ... could potentially push the growth rate higher than market expectations over time, including ongoing opportunities to gain further wallet share of FISV's core client base and gains in nascent but potentially higher-multiple initiatives such as P2P, analytics, and mobile. Overall, normalizing fundamentals and targeted growth in higher multiple initiatives allow us to be more constructive on FISV, although we wait for clearer visibility to earnings contribution from some of these newer initiatives."
Barclays maintains an "Equalweight" rating on Fiserv, which closed Tuesday at $58.44. Barclays has a price target of $60 on them, raising it from $68.
Barclays said, "We recently had the opportunity to meet with FISV's CEO, Jeff Yabuki, with discussions centering around the company's growth trajectory. While we believe a long-term growth rate closer to the low end of the targeted range (4-8%) is priced-in, we think FISV has the potential to achieve some level of multiple expansion if it can demonstrate an ability to reach the mid- to higher end of the growth target over time.
"We are not yet ready to call that trend, but ... factors ... could potentially push the growth rate higher than market expectations over time, including ongoing opportunities to gain further wallet share of FISV's core client base and gains in nascent but potentially higher-multiple initiatives such as P2P, analytics, and mobile. Overall, normalizing fundamentals and targeted growth in higher multiple initiatives allow us to be more constructive on FISV, although we wait for clearer visibility to earnings contribution from some of these newer initiatives."
Barclays maintains an "Equalweight" rating on Fiserv, which closed Tuesday at $58.44. Barclays has a price target of $60 on them, raising it from $68.
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