Latest news with #MatthewCoad
Yahoo
23-07-2025
- Business
- Yahoo
Lightspeed price target raised to $12 from $11 at Truist
Truist analyst Matthew Coad raised the firm's price target on Lightspeed (LSPD) to $12 from $11 and keeps a Hold rating on the shares. Truist likes the setup for the FinTech sector as earnings results in totality should be solid, and the group has underperformed of late, the analyst tells investors in a research note. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on LSPD: Disclaimer & DisclosureReport an Issue Lightspeed price target raised to $12 from $11 at Truist Lightspeed to Announce Q1 2026 Financial Results on July 31, 2025 Lightspeed Commerce Strengthens Board with New Appointment Lightspeed and Whoosh partner to elevate private golf club operations Lightspeed Commerce Settles Quebec Class Action Lawsuit
Yahoo
22-07-2025
- Business
- Yahoo
Slower Growth Overshadows the Valuation Appeal for Global Payments (GPN)
Global Payments Inc. (NYSE:GPN) ranks lowest on our list of the , with a 30% correction so far this year. On June 2, Truist Securities analyst Matthew Coad initiated coverage of Global Payments with a Hold rating and a price target of $79. Although the stock looks undervalued compared to peers, and management is making efforts to streamline operations, he remains reserved about its growth potential. He expects organic revenue to stay within the 4%–5% range, which may limit the scope for a significant re-rating in the short term. A payment terminal in action with customers apart of the experience. Coad also points out that investor sentiment could stay subdued until there is greater clarity around the pending asset exchange between Global Payments and Fidelity National Information Services (FIS). The proposed deal involves FIS acquiring Global Payments' Issuer Solutions (Tsys) business for an enterprise value of $13.5 billion, netting approximately $12 billion for GPN after adjusting for $1.5 billion in expected tax benefits. In return, Global Payments will reacquire FIS's minority stake in Worldpay for $6.6 billion in pre-tax value. The transaction could reshape the company's strategic direction and financial profile once completed. Until then, Coad suggests that more attractive investment opportunities may exist among other large-cap names under his coverage. Global Payments is a U.S.-based financial technology company that offers payment solutions and related services to businesses, financial institutions, and consumers globally. While we acknowledge the potential of GPN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Harvard University Stock Portfolio: Top 10 Stock Picks and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
18-07-2025
- Business
- Business Insider
SoFi and Paychex Team Up for Employee Financial Wellness
SoFi (SOFI) and Paychex (PAYX) have announced a partnership to integrate SoFi's financial wellness tools into the Paychex Flex Perks platform. The deal gives employees of small and mid-size companies access to personal finance resources, such as student loan refinancing, personal loans, and financial planning, directly through their payroll portal. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. With SoFi now part of Paychex Flex Perks, employees can choose extra financial benefits through Paychex's online platform and pay for them through payroll deductions at no added cost to their employer. It must be noted that since its launch in 2024, Paychex Flex Perks has already seen over 230,000 employees purchase at least one benefit. The addition of SoFi's services is expected to boost engagement even further, especially as federal student loan payments resume. For SoFi, the partnership expands SoFi's reach to millions of employees across 740,000+ small and mid-sized businesses. Further, Paychex Flex Perks' wide customer base will allow SoFi to benefit from increased loan volume, refinancing activity, and use of its financial planning services. Analyst Ups SoFi's Price Target Truist Financial analyst Matthew Coad has raised his price target for SoFi stock to $20 from $14, while maintaining a Hold rating. The analyst said the overall outlook for the FinTech sector looks solid. He also noted that stablecoins have become a hot topic among FinTech and payments investors recently. Thus, Coad expects that the company's upcoming Q2 earnings call may include discussions on how crypto and stablecoins might affect the industry. Is SOFI Stock a Good Buy? Turning to Wall Street, SOFI stock has a Moderate Buy consensus rating based on six Buys, eight Holds, and three Sells assigned in the last three months. At $16.58, the average SOFI stock price target implies a 24.94% downside potential.
Yahoo
10-07-2025
- Business
- Yahoo
Proterra Selects Anduin to Enhance Investor Experience
From fragmented systems to unified experience: Proterra adopts Anduin to streamline investor onboarding and drive operational efficiency. SAN FRANCISCO, July 10, 2025 /PRNewswire/ -- Proterra Investment Partners ("Proterra") has adopted Anduin to modernize its investor onboarding and streamline critical capital formation processes. By leveraging Anduin's platform, Proterra has replaced manual processes with scalable, secure, and investor-friendly workflows—enhancing transparency, efficiency, and oversight. Based in Minneapolis, Proterra is an alternative asset manager focused on private equity and private credit investments across the global food value chain. "Anduin's platform has helped us streamline workflows and focus on what truly matters—delivering value to our investors," said Matthew Coad, Managing Director and Head of Capital Formation. Through Anduin Fund Subscription, Proterra now offers a fully digital onboarding experience, enabling investors to complete documentation through a seamless and intuitive interface. Anduin's integration with its fund administrator ensures bi-directional data flow for greater accuracy and efficiency. Investors can also access Anduin directly via Proterra's investor portal. To support registered investment advisors, Proterra implemented Anduin Advisor Advantage, which simplifies client onboarding, data management, and subscription execution. "Our decision to adopt Anduin was driven by a desire to holistically improve our onboarding process," Coad added. "We expect increased efficiency, cost savings, stronger data security, and a smoother investor experience." Proterra's adoption of Anduin underscores its commitment to operational excellence and forward-thinking investor engagement. About Anduin Anduin is a leading digital platform for managing fund lifecycles and investor relationships. Purpose-built for the private markets, Anduin streamlines subscription workflows, enhances data integrity, and improves the investor onboarding experience. The platform supports fund managers, administrators, and investors with scalable solutions that reduce friction, increase transparency, and accelerate time to close. To date, Anduin has facilitated over $180 billion in global capital across 1,100+ funds and supports more than 59,000 investors worldwide. Learn more at About Proterra Investment Partners LP Proterra is an alternative asset manager that makes investments across the food value chain from farm to fork. The firm, which spun out of Black River Asset Management — a wholly owned, independently managed division of Cargill — focuses on seven core investment verticals: Credit, Farmland, Growth Equity, Proterra Asia, Sustainable Agriculture, Asset-backed Strategies, and Real Estate. Headquartered in Minneapolis, the firm employs 66 professionals across four global offices: Minneapolis, Shanghai, Singapore and Sydney. For more information, visit View original content to download multimedia: SOURCE Anduin Transactions Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
