Wells Fargo Upgrades Global Payments (GPN) to Outperform

August 4, 2017 5:27 AM EDT
Get Alerts GPN Hot Sheet
Price: $169.57 -1.29%

Rating Summary:
    33 Buy, 10 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 22 | Down: 13 | New: 31
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Wells Fargo upgraded Global Payments (NYSE: GPN) from Market Perform to Outperform with a price target of $110.00 (from $90.00).

Analyst Tim Willi cites valuation for the upgrade noting attractive growth supports a higher valuation and has increasing confidence the company will be able to drive attractive EPS growth over the next few years.

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 $95.15 yesterday.

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