Morgan Stanley Continues to See Balanced Risk/Reward for Heartland Payment Systems
In a report published Thursday, Morgan Stanley analyst Smittipon Srethapramote reiterated an Equal-Weight rating on Heartland Payment Systems (NYSE: HPY).
In the report, Morgan Stanley noted, “4Q13 was largely inline, but dilution from the Leaf investment was a mildly negative surprise. Growth in the card segment remained tepid, while growth in the non-card segments (26% of total revs) continued to be very strong. We remain EW as we continue to see balanced risk/reward.”
Heartland Payment Systems closed on Wednesday at $41.12.
Latest Ratings for HPY
|Sep 2014||Sterne Agee||Initiates Coverage on||Buy|
|Aug 2014||Keefe Bruyette & Woods||Upgrades||Market Perform||Outperform|
|Aug 2014||JP Morgan||Maintains||Neutral|
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