Global Payments (GPN) Tops Q2 EPS by 5c; Raises Outlook

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Go back to Global Payments (GPN) Tops Q2 EPS by 5c; Raises Outlook

Oppenheimer Raises Price Target on Global Payments (GPN) Following Solid 2Q

January 10, 2017 9:24 AM EST

Oppenheimer reiterated an Outperform rating on Global Payments (NYSE: GPN), and raised the price target to $88.00 (from $85.00), following the company's 2Q earnings report. GPN delivered 2Q cash EPS growth of ~16% Y/Y to $0.89 compared to the Street's 0.84 estimates.

Analyst Glenn Greene commented, "Global Payments... More