Global Payments downgraded to Hold at Jefferies after Worldpay acquisition

From Yahoo Finance: 2025-04-18 21:10:00

Jefferies downgraded Global Payments (GPN) to Hold from Buy with a price target of $75, down from $100. The firm believes that scale-driven deals in merchant acquiring are unlikely to work, and sees challenges in combining Worldpay and Global Payments. The analyst argues that taking on leverage and leaning into a more cyclical mix of assets is unlikely to find support in the current backdrop. This news was first reported by TheFly, the source for real-time, market-moving financial news. For more information on GPN, visit TipRanks.



Read more at Yahoo Finance: Global Payments downgraded to Hold at Jefferies after Worldpay acquisition