JP Morgan Maintains Neutral on Global Payments, Lowers Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tien-Tsin Huang maintains a Neutral rating on Global Payments (NYSE:GPN) and lowers the price target from $118 to $115.
October 29, 2024 | 3:08 pm
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JP Morgan has maintained a Neutral rating on Global Payments and reduced the price target from $118 to $115, indicating a slightly less optimistic outlook.
The reduction in price target from $118 to $115 by JP Morgan suggests a slightly less optimistic view on Global Payments' future performance. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations.
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