Vantiv acquisition positive, says RBC Capital After Vantiv announced that it was buying Mercury Payments, RBC Capital thinks the deal will accelerate Mercury's revenue and EPS growth, and be about 8% accretive to FY15 estimates. The firm believes that the deal also solidifies Vantiv's leadership position in the domestic payments market. It keeps a $35 price target and Outperform rating on the stock.
Vantiv called a top pick for 2015 at Jefferies Jefferies calls Vantiv a top pick for 2015 but notes the consensus estimates for 2015 may be slightly too high. The firm thinks the company's 2015 guidance could be convsertaive, and it recommends using any share pullback following the earnings report on February 12 as a buying opportunity. It keeps a Buy rating on the stock with a $40 price target.