Redburn Atlantic Downgrades Global Payments to Sell, Announces $105 Price Target
Portfolio Pulse from Benzinga Newsdesk
Redburn Atlantic analyst Kunaal Malde has downgraded Global Payments (NYSE:GPN) from Neutral to Sell and set a price target of $105.
September 18, 2023 | 11:30 am
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Global Payments has been downgraded from Neutral to Sell by Redburn Atlantic, with a price target of $105.
The downgrade from Neutral to Sell by Redburn Atlantic indicates a negative outlook for Global Payments. The price target of $105 also suggests that the analyst believes the stock is currently overvalued. This could lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100