Global Payments Likely To Report Higher Quarterly Earnings, Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

Global Payments Inc. GPN is scheduled to release quarterly results before the opening bell on Feb. 10, 2023.

Analysts expect the company to post quarterly earnings at $2.41 per share, up from $2.13 per share in the year-ago period. The company’s revenue might come in at $2.01 billion.

Global Payments shares rose 0.1% to close at $111.64 on Thursday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Oppenheimer analyst Chris Kotowski maintained an Outperform rating and cut the price target from $133 to $119 on Jan. 25, 2023. This analyst sees around 7% upside in the company’s stock and has an accuracy rate of 77%.
• Truist Securities analyst Andrew Jeffrey maintained a Buy rating on Jan. 20, 2023, and increased the price target from $120 to $135. This analyst sees around 21% upside in the company’s stock and has an accuracy rate of 78%.
• Morgan Stanley analyst James Faucette upgraded the stock from Equal-Weight to Overweight on Jan. 17, 2023, raised the price target from $124 to $135. This analyst sees around 21% upside in the company’s stock and has an accuracy rate of 69%.
• Wells Fargo analyst Jeff Cantwell maintained an Overweight rating on Jan. 9, 2023, and cut the price target from $143 to $125. This analyst sees around 12% upside in the company’s stock and has an accuracy rate of 59%.
• Goldman Sachs analyst Will Nance maintained a Neutral rating on Jan. 9, 2023, and cut the price target from $141 to $120. This analyst sees over 7% upside in the company’s stock and has an accuracy rate of 51%.

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