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UPDATE: Stifel Upgrades CSG Systems International

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In a report released Friday, Stifel analyst Matthew Vliet upgraded CSG Systems International (NASDAQ: CSGS) from Hold to Buy and introduced a $40 price target.

Analysts at Stifel like CSG Systems International's recent announcement to conduct business with Comcast, projecting to add $40 million a year by 2019. Stifel projects CSG Systems' previous conjunction with Time Warner to be extended to $60 million a year.

The $40 price target is given by a full year 2014 EBITDA multiple of 9x.

Latest Ratings for CSGS

DateFirmActionFromTo
Feb 2018Stifel NicolausMaintainsBuyBuy
Mar 2016Stifel NicolausMaintainsBuy
Nov 2015Stifel NicolausMaintainsBuy

View More Analyst Ratings for CSGS
View the Latest Analyst Ratings

Posted-In: Matthew Vliet StifelUpgrades Price Target Analyst Ratings

 

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