JP Morgan Maintains Neutral on Global Payments, Raises Price Target to $118
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tien-Tsin Huang maintains a Neutral rating on Global Payments (NYSE:GPN) but raises the price target from $111 to $118.
August 20, 2024 | 2:33 pm
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JP Morgan has maintained its Neutral rating on Global Payments but increased the price target from $111 to $118, indicating a positive outlook.
The increase in price target from $111 to $118 by JP Morgan suggests a positive outlook for Global Payments, which could lead to a short-term price increase. However, the Neutral rating indicates that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100