First Data Corp (FDC) was Initiated by Compass Point to “Neutral” and the brokerage firm has set the Price Target at $12. Compass Point advised their investors in a research report released on Apr 15, 2016.
Many Wall Street Analysts have commented on First Data Corp. Company shares were Reiterated by Stifel on Mar 2, 2016 to “Buy”, Firm has raised the Price Target to $ 16 from a previous price target of $12 .Shares were Reiterated by Mizuho on Feb 11, 2016 to “Buy” and Lowered the Price Target to $ 17 from a previous price target of $20 .First Data Corp was Upgraded by Credit Suisse to ” Outperform” on Feb 11, 2016.
In a different news, on Feb 18, 2016, Michael K Neborak (officer ) purchased 6,200 shares at $10.62 per share price. According to the SEC, on Nov 13, 2015, James E Nevels (director) purchased 250 shares at $16.00 per share price. On Oct 22, 2015, Thomas Joseph Higgins (officer ) purchased 4,500 shares at $16.00 per share price, according to the Form-4 filing with the securities and exchange commission.
First Data Corporation is a United States-based company which provides electronic commerce and payment solutions for merchants financial institutions and card issuers. The Company provides services including merchant transaction processing and acquiring; credit retail and debit card issuing and processing; prepaid services and check verification settlement and guarantee services. It operates through three segments: Merchant Solutions which includes merchant acquiring and processing services prepaid services and check verification settlement and guarantee services; Financial Services which consists of credit and retail card processing services; debit network and processing services; output services and other services including remittance processing and International which consists of credit retail debit and prepaid card processing; merchant acquiring and processing and automated teller machine and point of sale (POS) processing acquiring and switching services.