KBW Reiterates GPN Market Perform Rating

KBW has issued a report reiterating the Market Perform Rating on Global Payments GPN. According to the report, "Following Global Payments' F3Q11 (C1Q11) earnings results, we are maintaining our F2011 and F2012 EPS estimates of $2.73 and $3.03, respectively. We are also maintaining our price target of $47 and our Market Perform rating." GPN has a $47 Price Target and closed at $48.92 yesterday.