Susquehanna raised the firm’s price target on Global Payments to $160 from $150 and keeps a Positive rating on the shares. The firm siad following Q4 results, EVO synergies are modestly behind plan, though there may be a longer tailwind, and Heartland Restaurant and Retail should get a boost from the next-gen POS initiative.
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Read More on GPN:
- Global Payments sees FY24 adjusted EPS $11.54-$11.70, consensus $11.74
- Global Payments reports Q4 adjusted EPS $2.65, consensus $2.64
- Notable companies reporting before tomorrow’s open
- Global Payments near deal to buy Takepayments for over $250M, Reuters says
- Global Payments price target raised to $150 from $135 at BTIG
