Synchronoss Technologies (SNCR) gets a $37 price target, a 29% premium, from Goldman analysts.
Synchronoss provides transaction-management services to communications-service providers. Its ConvergenceNow platform is used by most large U.S. wireless, wireline, cable and Voice over Internet Protocol providers to capture, manage, provision and bill orders and other transactions. In the third quarter, the company reported a 67% surge in earnings for the third quarter to 9 cents a share.Synchronoss shares are up 2.2% this year and have a three-year average annual return of 61%.
Visa (V) gets a $110 price target from Goldman analysts, a 21% premium to its current price. Visa, a well-known brand name, manages a group of global payment card brands, which it licenses to financial institutions that issue cards to their customers. The firm acts as the payment processor by facilitating the authorization, clearing and settlement of transactions. Visa shares are up 27% this year and have an average annual return of 22% over the past three years. Warren Buffett's Berkshire Hathaway (BRK.B) made a notable investment in the company in the third quarter.