Moshe Katri

Square Inc (NYSE: SQ) reported first-quarter results that came in better than expected, but management's second-quarter guidance missed on the top- and bottom-line. Here is a summary of how some of the Street's top analysts reacted to the print and outlook. The Analysts Bank Of America...

Wall Street liked Paypal Holdings, Inc. (NASDAQ: PYPL)’s quarterly print, as investors boosted the payment company’s stock to a new 52-week high Thursday and sell-side analysts praised continuing growth in mobile payment platform Venmo. PayPal’s latest quarterly results were...

Momentum in services and growth in the cloud business were bright spots in IBM (NYSE: IBM)’s earnings report, but reactions to the print on the Street were muted, as focus now shifts to Big Blue’s acquisition of open source cloud software company Red Hat. The Analsyts Wedbush’s...

Fidelity National Information Servcs Inc (NYSE: FIS) this week announced a massive $34-billion buyout of e-commerce and payments company Worldpay, Inc. (NYSE: WP). The payment deal isn’t the first M&A announcement in the sector his year, and momentum could be growing for a major wave of...

Wedbush is bullish on Visa Inc (NYSE: V) and Mastercard Inc (NYSE: MA) after the credit card networks' quarterly reports. The Analyst Wedbush's Moshe Katri maintained an Outperform on Visa with a price target lifted from $150 to $162. The analyst maintained an...

Square Inc (NYSE: SQ) reported a top- and bottom-line beat in its fourth-quarter results but investors found fault with certain metrics in the quarter and management's cautious guidance. Here is a summary of how some of the Street's top analysts reacted to the print and guidance. Bloomberg...

Tech giant IBM (NYSE: IBM) reported a fourth-quarter earnings beat and encouraging guidance for the full year 2019. With the stock still down 25 percent from a year ago, the Street isn't fully convinced "Big Blue" is at the beginning of a sustainable long-term turnaround. The...

Tech giant IBM (NYSE: IBM) reached an agreement to acquire open source cloud software provider Red Hat Inc (NYSE: RHT) for $190 per share in cash, representing a premium of more than 60 percent compared to Red Hat's Friday closing price of $116.68. Once the deal is complete, Red Hat will be...

IBM (NYSE: IBM) reported second-quarter earnings Wednesday, narrowly beating consensus estimates for both EPS and sales. Investors responded positively for the most part, though some commentators did express concerns about the details.  The Analysts Morgan Stanley’s Katy Huberty...

Three notable catalysts ahead should propel Paypal Holdings Inc (NASDAQ: PYPL) shares higher by around 20 percent, according to Wedbush. The Analyst Wedbush's Moshe Katri maintains an Outperform rating on PayPal's stock with a price target lifted from $90 to $100. The analyst placed...

Payment processor stocks were under selling pressure throughout Tuesday's trading session amid a Bloomberg report that Amazon.com, Inc. (NASDAQ: AMZN) is offering retailers on its platform a discount if they use its online payments service. The Analysts Wedbush's Moshe Katri said in...

Moshe Katri of Sterne Agee CRT hosted 28 attendees to discuss the case for and against owning shares of Paypal Holdings Inc (NASDAQ: PYPL). Katri noted that the bulls outnumbered the bears and were also "more vocal" on their opinion. Topics of conversation included competitive pressure, Venmo usage...

Moshe Katri of Sterne Agee CRT initiated coverage of various payment stock companies, mostly with bullish ratings. The analyst initiated Visa Inc (NYSE: V), Mastercard Inc (NYSE: MA), Global Payments Inc (NYSE: GPN), First Data Corp (NYSE: FDC) and Fiserv Inc (NASDAQ: FISV) with Buy ratings....