Market Overview

Total Systems Services In-line with Morgan Keegan Estimates; Increasing PT


In a recent research report published today, Morgan Keegan increased Total Systems Services (NYSE: TSS) PT to $22/share due to better guidance than previous estimates.

“Company initiated 2012 guidance for EPS from Cont. Ops. of $1.26-$1.28 (above our estimate of $1.23 though in-line with Street at $1.27); Company is projecting better than expected margins expansion as it diverts North American costs to International efforts - hence leveraging overall business scale rather than just driving international growth with investment spend,” Morgan Keegan said in the report.

Morgan Keegan maintains its Market Perform rating on Total Systems Services, which closed yesterday at $20.94.

Posted-In: Morgan KeeganAnalyst Color Price Target Analyst Ratings


Related Articles (TSS)

View Comments and Join the Discussion!

Get Benzinga's Newsletters