Jefferies analyst Trevor Williams lowered the firm’s price target on Global Payments to $120 from $130 and keeps a Buy rating on the shares. The firm sees room for a slight Merchant beat, even with slower organic growth, but sees the Issuer side at risk with the Street embedding acceleration, the analyst tells investors in an earnings preview. The Global Payments story is “likely on hold until more confidence in post-’25 growth, or strategic action with Issuer,” the analyst added.
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