BMO Capital Maintains Market Perform on Global Payments, Lowers Price Target to $128
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Rufus Hone maintains a Market Perform rating on Global Payments (NYSE:GPN) and lowers the price target from $143 to $128.
May 02, 2024 | 2:50 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
BMO Capital maintains a Market Perform rating on Global Payments and lowers the price target from $143 to $128.
The reduction in price target by BMO Capital suggests a less optimistic outlook on Global Payments' stock, potentially due to revised earnings expectations or market conditions. This adjustment is likely to influence investor sentiment negatively in the short term, leading to a possible decrease in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100