Barclays analyst Ramsey El-Assal says next year’s “transitional” status and below-Street fiscal 2025 sales guidance came as a surprise to investors coming out of Global Payments’ investor day. The Street may remain cautious on the shares until further proof points emerge that support the projected fiscal 2026 growth re-acceleration, the analyst tells investors in a research note. The firm keeps an Overweight rating on the shares with a $145 price target.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GPN:
- Global Payments sees preliminary 2025 adj. EPS growth about 10%, Bloomberg says
- Global Payments price target raised to $130 from $120 at Jefferies
- Global Payments price target raised to $118 from $111 at JPMorgan
- Global Payments price target raised to $126 from $124 at BMO Capital
- Global Payments price target lowered to $130 from $145 at Stephens