TD Cowen Reiterates Buy Rating on Global Payments (GPN)

TD Cowen analyst Bryan Bergin reiterated a Buy rating and $125.00 price target on Global Payments (NYSE: GPN).

The analyst commented, "FY24 IA Day 9/24 has become a key catalyst event as GPN seeks to calm skeptics' concerns. A concise message on its strategic review & strategy and steady view on Merchant growth & margin prospects with new mid-term cycle guide that at least brackets Street should allow for multiple expansion which currently does not give sufficient credit to GPN's GARP proposition."

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 $109.35 yesterday.

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