Truist lowered the firm’s price target on Global Payments (GPN) to $84 from $90 and keeps a Hold rating on the shares as part of a broader research note updating the firm’s models on Payments names after their Q3 results. The firm is modeling lower assumptions for share repurchases as Global Payments awaits approval on the Issuer/Worldpay asset swap., the analyst tells investors in a research note.
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