Barclays Updates Stance on Global Payments Inc. (N…
From Financial Modeling Prep: 2024-09-29 23:00:17
Barclays upgraded Global Payments Inc. (NYSE:GPN) to Overweight with a hold action, adjusting the price target from $145 to $120. The company’s FY25 financial guidance indicates adjusted EPS growth of around 10% and mid-single-digit adjusted net revenue growth, falling short of analysts’ projections. Global Payments plans to unlock $500 million in operating income benefits by 2027 and targets $2 billion in annual share buybacks.
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