Global Payments (GPN) Tops Q3 EPS by 2c, Beats on Revenues; Raises FY17 Outlook

Go back to Global Payments (GPN) Tops Q3 EPS by 2c, Beats on Revenues; Raises FY17 Outlook

Global Payments (GPN) PT Raised to $103 at Stifel on 2Q Report; 'Beat & Raise Fueled by Strong Organic Growth'

August 4, 2017 7:11 AM EDT

Stifel raised its price target on Global Payments (NYSE: GPN) to $103.00 (from $102.00) while maintaining a Buy rating, following the company's second quarter earnings report.

Analyst John Davis notes the company delivered earnings per share and revenues above consensus projections fueled by strong organic... More

Compass Point Downgrades Global Payments (GPN) to Neutral

August 4, 2017 5:35 AM EDT

Compass Point downgraded Global Payments (NYSE: GPN) from Buy to Neutral with a price target of $96.00.

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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Global Payments (GPN) to Acquire ACTIVE Network in $1.2B Deal; Announces Strategic Partnership with Vista Equity

August 3, 2017 6:57 AM EDT

Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology services, announced today an agreement to acquire the communities and sports divisions of ACTIVE Network from Vista Equity Partners. ACTIVE Network delivers cloud-based, mission critical enterprise software, including payment technology solutions, to event organizers in the communities and health and fitness verticals. The outdoors division of ACTIVE Network will be retained by Vista Equity Partners.

ACTIVE Network aligns perfectly with our technology-enabled, software driven strategy and complements our existing businesses well, said Jeff Sloan, Global Payments Chief Executive Officer. With ACTIVE Network,... More