UPDATE: Barclays Reinstates Coverage On Vantiv
In a research note released Monday, Barclays analyst Darrin D. Peller reinstated an Overweight rating on Vantiv (NYSE: VNTV) with a $40.00 price target.
The analyst said that the company has taken a number of steps to transform its business to one that is much more growth-oriented. In addition, Vantiv's revenue mix and organic growth should continue to improve.
Shares of the company are up 1.5 percent on Monday.
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