BMO Capital Maintains Outperform on Global Payments, Lowers Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst James Fotheringham maintains an 'Outperform' rating on Global Payments (NYSE:GPN), but has lowered the price target from $208 to $180.
November 01, 2023 | 1:42 pm
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NEUTRAL IMPACT
Global Payments' price target has been lowered from $208 to $180 by BMO Capital, though the 'Outperform' rating is maintained.
The news directly pertains to Global Payments (GPN). The lowering of the price target might indicate a potential downside risk, but the maintained 'Outperform' rating suggests that the analyst still sees the company as a good investment. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100