Oppenheimer analyst Dominick Gabriele lowered the firm’s price target on Global Payments to $119 from $133 and keeps an Outperform rating on the shares. The firm expects spending slowdown to persist until Q1 2024 where consensus thinks it will largely reaccelerate in Q2 2023.
Published first on TheFly
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Read More on GPN:
- Global Payments price target raised to $135 from $120 at Truist
- Global Payments upgraded to Overweight from Equal Weight at Morgan Stanley
- Global Payments price target lowered to $125 from $143 at Wells Fargo
- Global Payments price target lowered to $115 from $140 at KeyBanc
- Global Payments price target lowered to $145 from $150 at Wolfe Research
