Baird analyst David Koning raised the firm’s price target on Global Payments to $130 from $118 and keeps a Neutral rating on the shares. The analyst said Q4 results were about in line, but were helped by strong Netspend. As a result, we view the shares as generally balanced given moving parts.
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- Global Payments announces new partnerships with Atlanta Braves, Atlanta Hawk
- Global Payments sees FY23 adjusted EPS $10.25-$10.37, consensus $10.37
- Global Payments reports Q4 adjusted EPS $2.42, consensus $2.41
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- Fiserv price target raised to $117 from $107 at Morgan Stanley