B. Riley raised the firm’s price target on Global Payments to $204 from $186 and keeps a Buy rating on the shares. The company reported solid Q4 results and is set up to return to its normal cadence of share repurchases in 2024, 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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- Global Payments price target raised to $150 from $135 at BTIG