Navigating 11 Analyst Ratings For Global Payments
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Global Payments (NYSE:GPN) over the past three months, with a notable decrease in the average 12-month price target from $149.00 to $134.00. Recent actions by analysts include several downgrades in price targets, reflecting changing market dynamics and company performance.
August 08, 2024 | 9:00 pm
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Global Payments (NYSE:GPN) has received mixed ratings from analysts over the past three months, with a significant decrease in the average 12-month price target from $149.00 to $134.00. Several analysts have downgraded their price targets, indicating a cautious outlook on the company's future performance.
The decrease in the average 12-month price target and multiple downgrades by analysts suggest a cautious outlook on Global Payments' future performance. This could lead to a short-term negative impact on the stock price as investors react to the revised expectations.
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