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Global Payments price target lowered to $147 from $157 at Susquehanna

Susquehanna analyst James Friedman lowered the firm’s price target on Global Payments to $147 from $157 and keeps a Positive rating on the shares. The firm said new account wins in Issuer is helping deliver acceleration in 2H guidance; and in Merchant, while 2H decelerates slightly, largely due to the lapping of the EVO acquisition.

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