Vantiv chosen by First Busey for merchant services Vantiv (VNTV) has entered into a multi-year agreement with First Busey's (BUSE) wholly-owned bank subsidiary Busey, a provider of financial services, to provide Merchant Bank payment acceptance solutions to their commercial banking customers. Busey has 43 banking centers.
Vantiv investor sentiment at trough levels, says Jefferies Jefferies believes Vantiv investor sentiment is at trough levels and that the numbers are not as bad as the stock price suggests. The firm sees an attractive entry point at current share levels and reiterates a Buy rating on the name with a $37 price target.
Vantiv shares particualrly attractive, says Oppenheimer Oppenheimer suspects that investors are underestimating the accretion that Vantiv will see from Mercury. The firm reiterates a $40 price target and Outperform rating on Vantiv.