Global Payments Inc. (GPN) has been under scrutiny. SG Americas Securities LLC and ClariVest Asset Management LLC both trimmed their holdings of GPN shares. Also,
Private Advisor Group and
Mutual of America Capital Management offloaded a number of GPN shares. On the other hand,
Duality Advisers LP and
GSA Capital Partners LLP initiated new investments in the company. GPN stock has underperformed on certain trading days but has also shown strong performance on others. With potential
acquisition talks amid its reported financial performance, the company remains in an interesting position. It has come up with new launches to
improve efficiency and received an
Outperform rating from Royal Bank of Canada. Despite the negative downtrend, a recovery might be on the horizon. The company's financial results have reported
strong growth with Q4 earnings being boosted by LATAM operations. As per latest reports, Global Payments aims to
acquire Takepayments and has reaffirmed its 2024 view. Amidst all, its stock has received
mixed analyst ratings.
Global Payments GPN News Analytics from Tue, 31 Oct 2023 07:00:00 GMT to Sun, 14 Jul 2024 17:22:07 GMT -
Rating 2
- Innovation 6
- Information 8
- Rumor 4
