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Virtual Cards: The Large 'Untapped' Market That Could Disrupt Commercial Payments
Friday, September 11, 2015 - 11:22am | 362Shares of FleetCor Technologies, Inc. (NYSE: FLT) increased nearly five-fold over the past five years as the virtual payment market began gaining momentum. Deutsche Bank maintained a Buy rating on FleetCor Technologies with a price target raised to $184 from $170. The company is "best positioned...
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#PreMarket Primer: Wednesday, August 13: Tension Spreads Through Baghdad As Maliki Refuses To Step Aside
Wednesday, August 13, 2014 - 6:33am | 1162On Tuesday, the US sent 130 additional troops to Iraq to help free a group of Iraqi citizens who have been trapped on Mount Sinjar by Islamic State militants. However, while the US worked to get the conflict in Northern Iraq under control, political turmoil has took hold in Baghdad, setting the...
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MasterCard Earnings Preview: Strong Fourth Quarter Expected
Wednesday, January 30, 2013 - 1:02pm | 784MasterCard (NYSE: MA), which recently ousted Halliburton (NYSE: HAL) from the number 27 spot on the S&P 500, is scheduled to report its fourth-quarter and 2012 results Thursday, January 31 before market open. Investors will be looking for the company to build on positive earnings and revenue...
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Goldman Sachs Updates FX Assumptions On FleetCor Technologies
Wednesday, May 18, 2011 - 6:47am | 78According to Goldman Sachs, FleetCor Technologies (NYSE: FLT) FX assumptions are updated. Goldman Sachs said that, following FLT's 10-Q filing (which included a 1Q11 cash flow statement), it has updated the model and FX inputs/assumptions. “Our FLT management-defined (adds back amortization and...
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Morgan Stanley Maintains Equal-Weight on FleetCor Technologies (FLT)
Friday, May 13, 2011 - 7:22am | 178Morgan Stanley is out with its report today on FleetCor Technologies (NYSE: FLT), maintaining Equal-weight. In a note to clients, Morgan Stanley writes, "We view 1Q results as another step in the right direction for management in building its public track record. Fuel price spreads were less...
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Goldman Sachs Remains Neutral On FleetCor (FLT)
Friday, May 13, 2011 - 6:43am | 97In a recent report, Goldman Sachs has maintained a Neutral rating and has left estimates unchanged on FleetCor (NYSE: FLT) as 1Q11 results were in-line with its estimates. The current price target on FLT is $33.00 and the EPS estimate remains at $1.80 for CY11. In the report, Goldman Sachs said, "...
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Wells Fargo Initiates FLT At Market Perform, $31-$33 Valuation Range
Monday, January 24, 2011 - 10:30am | 111Wells Fargo is initiating coverage of FleetCor Technologies, Inc. (NYSE: FLT) with a Market Perform rating and a $31-$33 valuation range. “Our DCF-driven valuation range implies only modest upside potential, and we believe shares are fairly valued in the context of our 2011 and 2012 EPS estimates...
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JP Morgan Initiates FleetCor Technologies At Neutral
Monday, January 24, 2011 - 7:33am | 17JP Morgan has initiated coverage on FleetCor Technologies (NYSE: FLT) with a Neutral rating and $36 price target.
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Goldman Sachs Initiates FleetCor Technologies At Neutral
Monday, January 24, 2011 - 7:31am | 17Goldman Sachs has initiated coverage on FleetCor Technologies (NYSE: FLT) with a Neutral rating and $32 price target.