Susquehanna reaffirmed its Positive rating on Global Payments on June 3. The firm lowered its price target from $119 to $111, implying a revised upside potential of more than 77%. Susquehanna reduced its growth assumptions to 3.2% for the second quarter, 5% for the second half, and 4% for the full year 2026 after reviewing public transcripts and travel-related assumptions. Earlier, on June 11, TD Cowen's Bryan Bergin cut his price target from $86 to $74 while reiterating a Hold rating, citing a more cautious outlook on previously disclosed headwinds. Global Payments provides payment technology and software solutions for card, digital, and check payments.
Global Payments IncSusquehanna maintained Positive rating but lowered price target; TD Cowen cut price target and reiterated Hold, citing cautious outlook.