Global Payments Announces Agreement to Divest Payroll Business
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BMO on Global Payments (GPN): 'Payroll Divestiture Improves Near-Term Capital Return Prospects'
May 28, 2025 10:23 AM EDTBMO Capital analyst Rufus Hone reiterated a Market Perform rating and $86.00 price target on Global Payments (NYSE: GPN)
The analyst comments "GPN is selling its Payroll business for ~$0.9B (post-tax), representing ~5% of GPN's market cap. We view the sale as neutral to GPN's... More
