Global Payments price target raised to $88 from $80 at Cantor Fitzgerald

Cantor Fitzgerald analyst Ramsey El-Assal raised the firm’s price target on Global Payments (GPN) to $88 from $80 and keeps a Neutral rating on the shares. The Q4 results served as a clearing event for Global Payments, with FY26 guidance calling for 5% adjusted net revenue growth ex-dispositions, 150 basis points of adjusted operating margin expansion, adjusted EPS of $13.80-$14.00, and adjusted free cash flow conversion of more than 90%, the analyst tells investors in a research note.