RBC Capital Reiterates Outperform on Global Payments, Maintains $154 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Daniel Perlin has reiterated an Outperform rating on Global Payments (NYSE:GPN) and maintained a price target of $154.
December 19, 2023 | 3:43 pm
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RBC Capital analyst reaffirms Outperform rating on Global Payments with a $154 price target.
The reiteration of an Outperform rating by a major analyst like RBC Capital is a positive signal to the market, suggesting that the analyst has confidence in the company's future performance. The maintenance of the $154 price target indicates that the analyst believes the stock has the potential to reach or exceed this value in the short term, which could influence investor sentiment and drive the stock price upward.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100