CLSA Initiates Global Payments At Underperform

Analysts at CLSA initiated coverage on

with a Underperform rating. The target price for Global Payments is set to $105. Global Payments shares have gained 55.89 percent over the past 52 weeks, while the S&P 500 index has surged 12.70 percent in the same period. Global Payments' shares rose 0.13 percent to close at $105.38 yesterday.