Stephens analyst Brett Huff reiterated a Buy rating on Worldpay Inc (WP) today and set a price target of $102. The company’s shares opened today at $80.86.
According to TipRanks.com, Huff is a 5-star analyst with an average return of 19.6% and a 75.0% success rate. Huff covers the Technology sector, focusing on stocks such as Bottomline Technologies, Jack Henry & Associates, and Fidelity National Info.
Currently, the analyst consensus on Worldpay Inc is a Strong Buy with an average price target of $113.47.
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Based on Worldpay Inc’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $2.8 million. In comparison, last year the company had a net profit of $92.12 million.
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Worldpay, Inc. engages in the provision of payments processing technology and solutions. It operates through the Merchant Services and Financial Institution Services segment. The Merchant Services segment processes credit and debit card transactions.
