Bernstein Maintains Outperform on Global Payments, Raises Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Harshita Rawat maintains an Outperform rating on Global Payments (NYSE:GPN) and raises the price target from $135 to $160.

August 17, 2023 | 11:10 am
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Global Payments' price target has been raised from $135 to $160 by Bernstein, maintaining an Outperform rating.
The news of Bernstein raising the price target for Global Payments from $135 to $160 while maintaining an Outperform rating is likely to have a positive impact on the company's stock in the short term. This is because such an upgrade usually signals the analyst's increased confidence in the company's future performance, which can influence investors to buy the stock, potentially driving its price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100