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Global Payments downgraded to Neutral from Buy at Goldman Sachs

Goldman Sachs analyst Will Nance downgraded Global Payments (GPN) to Neutral from Buy with a price target of $122, down from $155. The company has already telegraphed an underlying deceleration in revenue growth in 2025 as a result of restructuring its go-to-market and the firm believes Global Payments’ consensus revenue estimates are likely to be revised downward as the company executes on its strategy of completing several divestitures while also re-aligning, the analyst tells investors.

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