Mizuho Securities Remains a Buy on Global Payments (GPN)
In a report released today, Dan Dolev from Mizuho Securities reiterated a Buy rating on Global Payments, with a price target of $125.00.
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Dolev covers the Technology sector, focusing on stocks such as Block, Shift4 Payments, and Affirm Holdings. According to TipRanks, Dolev has an average return of 3.9% and a 45.07% success rate on recommended stocks.
Currently, the analyst consensus on Global Payments is a Moderate Buy with an average price target of $106.11.
Based on Global Payments’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $2.01 billion and a net profit of $635.21 million. In comparison, last year the company earned a revenue of $2 billion and had a net profit of $315.13 million
Based on the recent corporate insider activity of 53 insiders, corporate insider sentiment is neutral on the stock. Last month, Connie Mcdaniel, a Director at GPN sold 4,464.00 shares for a total of $347,343.84.
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