Jefferies Downgrades Global Payments to Hold, Lowers Price Target to $105
Portfolio Pulse from richadhand@benzinga.com
Jefferies analyst Trevor Williams downgrades Global Payments (NYSE:GPN) from Buy to Hold and lowers the price target from $140 to $105.
June 13, 2023 | 9:41 am
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Global Payments (GPN) downgraded to Hold by Jefferies, with a lowered price target of $105 from $140.
The downgrade from Buy to Hold and the lowered price target by Jefferies analyst Trevor Williams indicate a less optimistic outlook for Global Payments (GPN) in the short term. This may lead to a negative impact on the stock price as investors adjust their positions based on the new rating and price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100