Argus raised the firm’s price target on Global Payments to $163 from $145 and keeps a Buy rating on the shares after its Q4 earnings beat. The company is well positioned to take advantage of the changing payments landscape, which increasingly favors the use of electronic payments over cash and checks, the analyst tells investors in a research note.
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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
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