Global Payments shares are trading higher after Jefferies upgraded the stock from Hold to Buy and raised its price target from $125 to $145.
Portfolio Pulse from Benzinga Newsdesk
Jefferies has upgraded Global Payments from Hold to Buy and raised its price target from $125 to $145. This has resulted in Global Payments' shares trading higher.
August 10, 2023 | 3:01 pm
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POSITIVE IMPACT
Global Payments' stock is trading higher following Jefferies' upgrade from Hold to Buy and a raised price target from $125 to $145.
The upgrade from Jefferies is a positive signal for investors, indicating increased confidence in the company's performance. The raised price target suggests that Jefferies expects the stock to perform well in the future, which is likely driving the increase in share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100