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Bernstein Issues a Hold Rating on Global Payments (GPN)
In a report released yesterday, from Bernstein assigned a Hold rating to Global Payments. The company’s shares closed yesterday at $63.81.
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In addition to Bernstein, Global Payments also received a Hold from BTIG’s Andrew Harte in a report issued yesterday. However, on June 4, Wells Fargo maintained a Buy rating on Global Payments (NYSE: GPN).
Based on Global Payments’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $2.97 billion and a GAAP net loss of $1.8 billion. In comparison, last year the company earned a revenue of $2.41 billion and had a net profit of $305.73 million
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- Global Payments fiscal 2026 outlook increasingly at risk, says BTIG
- The Week That Was, The Week Ahead: Macro and Markets, June 7
- Wells Fargo sees pullback in Global Payments shares as ‘overdone’
- Mizuho says concerns over Global Payments outlook ‘overblown’
- Global Payments price target lowered to $111 from $119 at Susquehanna
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