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Zacks Investment Research upgraded First Data Corp (NYSE:FDC) to Hold in a report released today.

Zacks Investment Research has upgraded First Data Corp (NYSE:FDC) to Hold in a report released on 10/03/2016.

Just yesterday First Data Corp (NYSE:FDC) traded 0.99% higher at $13.31. First Data Corp’s 50-day moving average is $13.52 and its 200-day moving average is $12.44. The last stock price is up 6.82% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 3,061,951 shares of FDC traded hands, down from an average trading volume of 3,628,790

Recent Performance Chart

First Data Corp (NYSE:FDC)

First Data Corp has 52 week low of $8.37 and a 52 week high of $17.99 and has a market capitalization of $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 20 brokerages have issued a ratings update on the company. The average stock price target is $15.75 with 0 brokerages rating the stock a strong buy, 0 brokerages rating the stock a buy, 0 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On First Data Corp (NYSE:FDC)

First Data Corporation is an electronic commerce company. The Company is a merchant acquirer, issuer processor and independent network services provider, which enables businesses to accept electronic payments, helping financial institutions issue credit, debit and prepaid cards. Its segments include Global Business Solutions (GBS), which provides retail point-of-sale merchant acquiring and e-commerce services, as well as mobile payment services, Webstore-in-a-box solutions, and cloud-based Clover point-of-sale operating system; Global Financial Solutions (GFS), which provides credit solutions for bank and non-bank issuers and include credit and retail private-label card processing, as well as licensed financial software systems, such as its VisionPLUS bank processing application and lending solutions; Network & Security Solutions (NSS), Which provides a range of solutions that it sell to clients in its Global Business Solutions and Global Financial Solutions segments, and Corporate.

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