Global Payments (GPN) Named Best Idea for 2024 at TD Cowen

TD Cowen analyst Bryan Bergin reiterated an Outperform rating and $150.00 price target on Global Payments (NYSE: GPN) and named the stock a Best Idea for 2024.

The analyst commented, "GPN boasts a stable compounder profile that appears catalyst-rich with self-help dynamics in 2024 as it laps deals from 2023. We think investors overlook the quality of a rising mix of faster growing tech-led assets while solid visibility into a double-digit EPS growth is not appropriately reflected in discounted valuation. We view GPN as an attractive, all-weather investment vehicle."

For an analyst ratings summary and ratings history on Global Payments click here. For more ratings news on Global Payments click here.

Shares of Global Payments closed at $120.16 yesterday.

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