Stephens Keeps Their Buy Rating on Global Payments (GPN)

Stephens analyst Charles Nabhan maintained a Buy rating on Global Payments (GPNResearch Report) today and set a price target of $135.00. The company’s shares closed yesterday at $114.26.

Nabhan covers the Technology sector, focusing on stocks such as Euronet Worldwide, Fidelity National Info, and Jack Henry & Associates. According to TipRanks, Nabhan has an average return of -17.7% and a 15.79% success rate on recommended stocks.

Global Payments has an analyst consensus of Strong Buy, with a price target consensus of $153.05, representing a 33.95% upside. In a report released yesterday, Raymond James also maintained a Buy rating on the stock with a $158.00 price target.

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GPN market cap is currently $31.67B and has a P/E ratio of 510.09.

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Georgia-based Global Payments, Inc. provides payment technology and software solutions for card, electronic, check, and digital-based payments in North America, Europe, the Asia-Pacific, and Latin America. The company operates through the following segments: Merchant Solutions, Issuer Solutions and Business & Consumer Solutions.

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