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.
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Published first on TheFly
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- Global Payments price target raised to $135 from $120 at Truist
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