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Actionable news in FDC: First Data Corp,

First Data (FDC) Stock Coverage Initiated With 'Buy' Rating

NEW YORK (TheStreet) -- First Data (FDC) stock coverage was initiated with a "buy" rating and $16.50 price target at Jefferies earlier today.

The firm cited its belief that growth in the company's domestic merchant processing segment is set to inflect, as well as continued and gradual balance sheet...