Baird Reiterates Outperform Rating on Global Payments (GPN)

Baird analyst David Koning reiterated an Outperform rating and $150.00 price target on Global Payments (NYSE: GPN).

The analyst commented: "We like the stock, as we consider it good value for likely 10-15% EPS growth in coming years. We think the main focus will be on Merchant share and margin sustainability. In addition, investors would appreciate a cleaner presentation...limited EPS add-backs, less balance sheet complexity (no seller notes/converts), and cleaner subunit reporting. If the company quit adding back merger/severance/etc., EPS could be $12.00 in 2025E, but grow 15-20% EPS growth off the lower base (as one-off expenses fall off)."

For an analyst ratings summary and ratings history on Global Payments click here. For more ratings news on Global Payments click here.

Shares of Global Payments closed at $112.07 yesterday.

You May Also Be Interested In

• Rosenblatt Reiterates Buy Rating on Quantum Computing, Inc. (QUBT)
• Korn/Ferry (KFY) PT Raised to $75 at UBS on Q4 Revenue/EBITDA Upsides
• Morgan Stanley Resumes Global Payments (GPN) at Equalweight