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Marqeta Analyst Turns Bullish, Sees 'Clear Path To Profitability'
Monday, March 27, 2023 - 10:28am | 262Marqeta Inc (NASDAQ: MQ) stock has experienced a selloff, hitting 52-week lows on Thursday. The Oakland, California-based company generates around 70% of its revenues from Block Inc (NYSE: SQ), which uses Marqeta’s technology for its Cash App cards. Marqeta had almost hit free cash flow...
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Wolfe Research Upgrades Square, Sees More Room To Run After Big 2020 Rally
Tuesday, September 29, 2020 - 10:27am | 272Despite the strong rally in Square Inc’s (NYSE: SQ) stock in 2020, there seems to be more room to run in most pandemic macro scenarios, according to Wolfe Research. The Square Analyst: Darrin Peller upgraded Square from Peer Perform to Outperform, while raising the price target from $160...
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After Square's Q3 Beat, Analysts Tackle The Payment Platform's Future
Thursday, November 9, 2017 - 7:02pm | 636Shares of Square Inc (NYSE: SQ) erased early morning losses Thursday and were trading higher by around 0.50 percent in reaction to the company's third-quarter earnings report and guidance. Morgan Stanley: 'Unsurprisingly' Strong Quarter Morgan Stanley's James Faucette maintains an...
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Give Visa Credit, A Strong Q3 Bolstered By A Bright Outlook
Friday, July 21, 2017 - 11:59am | 314In a mixed financial sector, Visa Inc (NYSE: V) is shining, according to analysts from Normura Instinet and Barclays, which rate the stock Buy and Overweight, respectively. Visa posted strong third-quarter earnings on Thursday, with $0.86 EPS and $4.6 billion in sales. Management also reaffirmed...
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Meeting With PayPal Management Reinforces Barclays' Conviction Of Growth Potential
Thursday, December 8, 2016 - 11:08am | 200After meeting with Paypal Holdings Inc (NASDAQ: PYPL)'s chief financial officer John Rainey, Barclays analyst Darrin D. Peller maintains his Overweight raring and bullish $46 price target. Management provided more details on medium-term guidance, showing improvement in customer acquisition and...
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Barclays Says A Beat And Raise Quarter Likely To Come From Square
Monday, October 10, 2016 - 3:07pm | 337Barclays expects a beat and raise quarter from Square Inc (NYSE: SQ) when it reports its third quarter results on November 1. The brokerage expects adjusted revenue of $175 million and EBITDA of $8.0 million, both above the company's guidance for $167 million–$171 million and $5 million...
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Fidelity National Information's Share Performance Faltering Slightly Since Q2 Release
Monday, September 26, 2016 - 12:26pm | 226While noting that Fidelity National Information Servcs Inc's (NYSE: FIS) shares have underperformed the broader market since the release of its Q2 results in July, Barclays said it sees this as an opportunity to add to positions. The positive view stems from the findings from its checks and...
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Barclays On InterDigital: IoT Goal Conservative, Sees Continued Capital Returns
Friday, September 23, 2016 - 1:47pm | 253Barclays said InterDigital, Inc. (NASDAQ: IDCC)'s IoT goal as conservative, while noting the latest dividend increase indicate the company would continue to return capital to shareholders. At its investor day, the company said it expects to generate annual revenues of $75-$100 million from...
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VeriFone Shares Likely To Remain Range-Bound Near Term, Says Barclays
Friday, September 2, 2016 - 9:46am | 349Shares of VeriFone Systems Inc (NYSE: PAY) are likely to remain range-bound near term due to a negative guidance revision and lack of visibility, Barclays said while reiterating its Equal-Weight rating on the stock. The shares are set to open on a new low after the company's third quarter top-line...
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Barclays Shows Conviction In Call For Cognizant Growth To Reaccelerate Into 2017
Tuesday, June 7, 2016 - 10:18am | 363Barclays reiterated its Overweight rating on Cognizant Technology Solutions Corp (NASDAQ: CTSH), saying it continues to view shares as attractive, offering a good risk/reward at current levels. Rating And Justification Barclays said its call for growth "should reaccelerate into 2017," which was...
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Is Square Overvalued Despite Its Growth Potential? Pros Weigh In
Monday, December 14, 2015 - 9:53am | 1027Shares of Square Inc(NYSE: SQ) have lost nearly 9 percent since its IPO in late November. Analysts at several Wall Street firms initiated coverage of Square on Monday. The bearish-themed notes pointed out that Square's future growth is already priced into the stock while the bullish...
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Computer Sciences (CSC) Is A Good Buy: Barron’s
Monday, February 8, 2010 - 11:01am | 116Computer Sciences (NYSE: CSC) is slated to post its Q3 results on Feb 10. Street expectation is pegged at $1.23 a piece. According to Barron’s, Computer Sciences has registered about $16.7 billion in revenue in FY2009. 50% of its total sales come from government entities worldwide. The company...