Barclays Reiterates Overweight Rating on Global Payments (GPN), sees earnings beat

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Goldman Sachs Upgrades Global Payments (GPN) to Buy, 'Recent underperformance is an opportunity'

April 12, 2023 5:38 AM EDT

Goldman Sachs analyst Will Nance upgraded Global Payments (NYSE: GPN) from Neutral to Buy with a price target of $127.00.

The analyst comments "We are upgrading shares of GPN to Buy with an $127 price target for ~20% upside. Shares have been weak year to date and, in particular, in recent weeks following the stress in the regional bank space in March and the increased uncertainty this caused as it relates to the macro... More