Global Payments price target lowered to $120 from $135 at Truist
The Fly

Global Payments price target lowered to $120 from $135 at Truist

Truist analyst Andrew Jeffrey lowered the firm’s price target on Global Payments to $120 from $135 and keeps a Buy rating on the shares. Global Payments has underperformed amidst macro and competitive concerns, and weakness also results from confusion around baseline CY22 EPS, pending the NetSpend sale, but Jeffrey remains bullish, the analyst tells investors in a research note.

Published first on TheFly

See the top stocks recommended by analysts >>

Read More on GPN:

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App