Stephens Reaffirms Their Buy Rating on First Data Corp


In a report issued on July 12, Brett Huff from Stephens reiterated a Buy rating on First Data Corp (NYSE: FDC), with a price target of $26. The company’s shares closed yesterday at $22.31, close to its 52-week high of $22.53.

According to TipRanks.com, Huff is a top 100 analyst with an average return of 34.8% and a 96.2% success rate. Huff covers the Technology sector, focusing on stocks such as Bottomline Technologies, Total System Services, and Fair Isaac Corp.

Currently, the analyst consensus on First Data Corp is a Strong Buy with an average price target of $23.50.

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The company has a one-year high of $22.53 and a one-year low of $14.73. Currently, First Data Corp has an average volume of 7.35M.

Based on the recent corporate insider activity of 137 insiders, corporate insider sentiment is negative on the stock.

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First Data Corp. engages in the provision of commerce-enabling technology and solutions; and payment technology and services. It operates through the following segments: Global Business Solutions; Global Financial Solutions; and Network and Security Solutions.

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