Global Payments (GPN) Tops Q1 EPS by 14c; Announces Two-for-One Stock Split

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Jefferies Downgrades Global Payments (GPN) to Hold

October 9, 2015 6:39 AM UTC

Jefferies downgraded Global Payments (NYSE: GPN) from Buy to Hold with a price target of $135.00 (from $129.00) on valuation.

Analyst Jason Kupferberg commented, "We are downgrading GPN to Hold from Buy on valuation. We couldn't have asked for more from F1Q results,... More

Oppenheimer Raises Price Target on Global Payments (GPN) to $136 Following 1Q16 Earnings

October 8, 2015 11:00 AM UTC

Oppenheimer reiterated an Outperform rating on Global Payments (NYSE: GPN), and raised the price target to $136.00 (from $120.00), following the company's 1Q16 earnings results. The company announced strong results with revenue growth of ~8% Y/Y to $537M and EPS growth of ~25% to $1.57.

Analyst Glenn... More

Piper Jaffray Raises Price target on Global Payments (GPN) to $133 Following 14c EPS Beat

October 8, 2015 10:16 AM UTC

Piper Jaffray reiterated a Neutral rating on Global Payments (NYSE: GPN), and raised the price target to $133.00 (from $116.00), following the company's 1Q16 earnings. GPN beat consensus net revenue by 3% and delivered cash EPS of $1.57 vs. consensus $1.43. The company raised its fiscal 2016 cash EPS guidance range to $5.77-$5.92... More