KBW Increases GPN Estimates

Following Global Payments Inc.'s GPN F2Q11 (C4Q10) earnings results, KBW said that it is modestly increasing its F2011 and F2012 EPS estimates to $2.73 (from $2.70) and $3.03 (from $3.00), respectively. “However, we are maintaining our price target of $47 and our Market Perform rating,” KBW writes.