Goldman Sachs has released its SpendTrend rrport for March, showcasing trends in the transaction processing industry. The report shows strength within the industry as consumer spending increased and fuel prices rose.
The report also highlights five stocks within the industry. Goldman Sachs maintains its Buy rating on both Mastercard Inc. MA and Visa Inc V based on FDC results but remains cautious on Neutral rated Global Payments Inc GPN and Heartland Payment Systems HPY and also Sell rated Total System Services TSS.
MA closed yesterday at $266.61, V at $77.71, GPN at $52.58, HPY at $17.10 and TSS at $18.42.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
|---|
Posted In: Analyst ColorAnalyst RatingsData Processing & Outsourced ServicesGlobal Payments Inc.Goldman SachsHeartland Payment Systems Inc.Information TechnologyMastercard Inc.Total System Services Inc.Visa Inc.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
