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Global Payments (GPN) Receives a Hold from Oppenheimer
Oppenheimer analyst maintained a Hold rating on Global Payments yesterday. The company’s shares closed yesterday at $67.08.
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In addition to Oppenheimer, Global Payments also received a Hold from Morgan Stanley’s James Faucette in a report issued on June 22. However, on the same day, 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
Read More on GPN:
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