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Global Payments price target lowered to $155 from $165 at Monness Crespi

Monness Crespi analyst Gus Gala lowered the firm’s price target on Global Payments to $155 from $165 and keeps a Buy rating on the shares. The firm lowered estimates in calendar year 2025 after Global held an investor conference discussing the goals and trajectory of the enterprise through 2027 and offered mid-single digit and about 10% growth guidance for 2025 on revenue and EPS, respectively. While this preliminary 2025 outlook was lower than the firm’s estimate, and “to a lesser extent consensus,” the firm believes the actions being taken to streamline Global and make it more competitive are “necessary and extend the firm’s runway,” the analyst tells investors.

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