Global Payments no longer approved vendor at multiple card networks, WSJ says Transaction processor Global Payments (GPN) reported yesterday that it had been removed from the lists of approved vendors of multiple card payments networks, according to The Wall Street Journal. Global Payments disclosed a data breach in March. Reference Link
Global Payments price target raised to $90 from $80 at Oppenheimer Oppenheimer increased its price target on Global Payments as the firm thinks the company could benefit from solid regional trends, various pricing/fee opportunities and aggressive OptBlue participation. Oppenheimer says that Global Payments' fundamentals appear to be strong, while its multiple should rise as its North American margins increase. Oppenheimer keeps an Outperform rating on the shares.