Bernstein resumed coverage of Amadeus IT Group with an Outperform rating and EUR 74 price target. The company “has a lot to recommend it fundamentally,” including high margins, high conversion, and a deep and wide competitive moat in its core business, the analyst tells investors in a research note.
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- Fiserv buying Shift4 at $95 per share could make sense, says Mizuho
- Amadeus IT Group price target lowered to EUR 67 from EUR 75 at JPMorgan
- Shift4 Payments price target raised to $95 from $85 at BofA
- Shift4 takeout price could be $130-$138 per share, says DA Davidson
- Fiserv, Amadeus main contenders to acquire Shift4 Payments, Reuters says
