Jefferies Upgrades Global Payments (GPN) to Buy
Tweet
Share
E-mailGet Alerts GPN Hot Sheet
Price: $93.05 -1.88%
Rating Summary:
23 Buy, 24 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
23 Buy, 24 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Join SI Premium – FREE
Jefferies upgraded Global Payments (NYSE: GPN) to Buy with a price target of $50.00.
The firm cited, "1) potential benefit from Durbin regulations, 2) robust recent payment volume metrics from MA, DFS, and First Data (should help GPN's F1Q on 10/4), 3) compelling valuation following recent underperformance in shares, and 4) continued solid international growth prospects."
For more ratings news on Global Payments click here and for the rating history of Global Payments click here.
Shares of Global Payments closed at $40.39 yesterday.
The firm cited, "1) potential benefit from Durbin regulations, 2) robust recent payment volume metrics from MA, DFS, and First Data (should help GPN's F1Q on 10/4), 3) compelling valuation following recent underperformance in shares, and 4) continued solid international growth prospects."
For more ratings news on Global Payments click here and for the rating history of Global Payments click here.
Shares of Global Payments closed at $40.39 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Jefferies Upgrades Minerva Neurosciences (NERV) to Buy
- Nomura/Instinet Upgrades Genting Singapore (GENS:SP) (GIGNY) to Neutral
- CIBC Upgrades PRO REIT (PRV-U:CN) to Outperformer
Create E-mail Alert Related Categories
UpgradesRelated Entities
Jefferies & CoSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
