TD Cowen Maintains Buy on Global Payments, Lowers Price Target to $152
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Bryan Bergin maintains a Buy rating on Global Payments (NYSE:GPN) but lowers the price target from $160 to $152.

May 02, 2024 | 6:01 pm
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NEUTRAL IMPACT
TD Cowen maintains a Buy rating on Global Payments but lowers the price target from $160 to $152.
While the reduction in price target could suggest a slight adjustment in valuation expectations, the maintenance of a Buy rating indicates a continued positive outlook on the company's fundamentals. This mixed signal could lead to a neutral short-term impact on the stock price as investors weigh the lowered price target against the sustained confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100