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Enter Symbol:
Rating: HPY
Mkt Perform

Heartland Payment Systems, Inc. (NYSE: HPY) downgraded to Mkt Perform by Raymond James

Monday,  Nov 2, 2015  10:25 AM ET by Kristen Bailey

Raymond James downgraded Heartland Payment Systems, Inc. (NYSE: HPY) to
Mkt Perform. Raymond James rated Heartland Payment Systems, Inc. (NYSE: HPY) to Outperform on 10/11/2012, when the price was $28.28.

Heartland Payment Systems, Inc. provides bank card-based payment processing services to small- and medium- sized merchants in the United States. Heartland facilitates the exchange of information and funds between merchants and cardholders' financial institutions, providing end-to- end electronic payment processing services to merchants, including merchant setup and training, transaction authorization and electronic draft capture, clearing and settlement, merchant accounting, merchant assistance and support and risk management.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.

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