Susquehanna Maintains Positive on Global Payments, Lowers Price Target to $157
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst James Friedman maintains a Positive rating on Global Payments (NYSE:GPN) but lowers the price target from $160 to $157.

May 02, 2024 | 12:28 pm
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Susquehanna maintains a Positive rating on Global Payments but lowers the price target from $160 to $157.
The adjustment in price target by Susquehanna reflects a slight change in valuation expectation for Global Payments, likely due to updated financial analysis or market conditions. However, maintaining a Positive rating indicates continued confidence in the company's performance. This could lead to a neutral short-term impact on the stock as the market digests the slight adjustment in price target against the backdrop of ongoing analyst confidence.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100