Barclays analyst Ramsey El-Assal reinstated coverage of Global Payments with an Overweight rating and $125 price target. The analyst views the company’s current valuation and share price as "dislocated." Given Global Payments’ "healthy" growth and earnings profile, the shares are particularly attractive at current levels, the analyst tells investors in a research note.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on GPN:
- FIS price target lowered to $60 from $65 at Jefferies
- Global Payments price target raised to $120 from $115 at Mizuho
- Billionaire David Einhorn Loads Up on These 2 Stocks — Here’s Why They Could Bounce
- David Einhorn’s Greenlight Makes Changes to the Hedge Fund Positions
- Parthenon Capital to acquire Global Payments’ gaming division