Global Payments (GPN) October 80 calls active into Q3 and outlook

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Oppenheimer Reiterates Outperform on Global Payments (GPN) Following 1Q Report

October 6, 2016 10:24 AM EDT

Oppenheimer reiterated an Outperform rating and $85.00 price target on Global Payments (NYSE: GPN) following the company's 1Q earnings report. GPN delivered 1Q cash EPS growth of ~10% Y/Y to $0.86 vs. the Street's 0.83 estimates. The company raised its FY17 margin/EPS guide, now calling for up to 50bps... More