Seaport Global Downgrades Global Payments to Neutral
Portfolio Pulse from Benzinga Newsdesk
Seaport Global analyst Jeff Cantwell has downgraded Global Payments (NYSE:GPN) from Buy to Neutral, indicating a less optimistic outlook on the company's stock.
September 25, 2024 | 1:29 pm
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NEGATIVE IMPACT
Seaport Global has downgraded Global Payments from Buy to Neutral, suggesting a less favorable view on the stock's potential performance.
The downgrade from Buy to Neutral by Seaport Global indicates a shift in the analyst's perspective on Global Payments' future performance. This could lead to a negative short-term impact on the stock price as investors may adjust their positions based on this new rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100