Morgan Stanley raised the firm’s price target on Global Payments (GPN) to $166 from $156 and keeps an Overweight rating on the shares. The firm says in a 2025 outlook note that its Attractive payments and processing industry view are based on improving investor sentiment, young consumer preferences, a call for accelerated investment in competitive strengths, more M&A, and easing regulatory scrutiny.
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Read More on GPN:
- Global Payments price target raised to $135 from $120 at Barclays
- Global Payments price target raised to $140 from $130 at Keefe Bruyette
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- Global Payments price target raised to $155 from $135 at Goldman Sachs
- Global Payments weighing sale of payroll, Active Network units, Bloomberg says
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