Global Payments continues to be a good idea, says RW Baird Baird continues to recommend Global Payments ahead of Q3 results. The firm considers shares a good value given improving sentiment and potential over the long-term. Baird sees rising margins and estimates and expects solid Q3 results. Shares are Outperform rated with a $82 price target.
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.