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Global Payments price target lowered to $82 from $97 at RBC Capital

RBC Capital analyst Daniel Perlin lowered the firm’s price target on Global Payments (GPN) to $82 from $97 and keeps a Sector Perform rating on the shares. The firm is updating its estimates following the closing of Worldpay, sale of Issuer, multiple divestitures and recent follow-up conversations with the company, the analyst tells investors in a research note.

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