Global Payments (GPN) Gets a Hold from Bernstein
Bernstein analyst Harshita Rawat maintained a Hold rating on Global Payments today and set a price target of $86.00.
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According to TipRanks, Rawat is a 4-star analyst with an average return of 9.4% and a 66.67% success rate. Rawat covers the Financial sector, focusing on stocks such as Mastercard, PayPal Holdings, and Visa.
In addition to Bernstein, Global Payments also received a Hold from Oppenheimer’s Rayna Kumar in a report issued on June 24. However, on June 22, 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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