Citi analyst Bryan Keane lowered the firm’s price target on Global Payments (GPN) to $90 from $110 and keeps a Buy rating on the shares. The firm cites the company’s recent divestitures and lower peer group valuations for the target cut.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GPN:
- Spotify initiated, Qualcomm downgraded: Wall Street’s top analyst calls
- Global Payments price target lowered to $110 from $125 at Mizuho
- Global Payments downgraded to Market Perform from Outperform at Raymond James
- Early notable gainers among liquid option names on March 17th
- Global Payments management to meet virtually with Seaport