RBC Capital Maintains Outperform on Global Payments, Lowers Price Target to $130
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 $143 to $130.
October 31, 2024 | 7:33 pm
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RBC Capital has maintained its Outperform rating on Global Payments but has reduced the price target from $143 to $130, indicating a more cautious outlook.
The reduction in the price target from $143 to $130 suggests a more cautious outlook on Global Payments' future performance, which could lead to a short-term negative impact on the stock price despite the maintained Outperform rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100