RBC Capital Maintains Outperform on Global Payments, Lowers Price Target to $143
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Daniel Perlin maintains an Outperform rating on Global Payments (NYSE:GPN) but lowers the price target from $158 to $143.
October 04, 2024 | 1:22 pm
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RBC Capital has maintained its Outperform rating on Global Payments but has lowered the price target from $158 to $143, indicating a more cautious outlook.
The maintenance of an Outperform rating suggests continued confidence in Global Payments' performance, but the lowered price target reflects a more cautious outlook, possibly due to market conditions or company-specific factors. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100