Goldman Sachs Reiterates Neutral On GPN

Goldman Sachs has issued a report reiterating a Neutral Rating on Global Payments Inc

. According to the report, "GPN reported better F4Q results, with EPS at $0.76 vs. our $0.73 estimate. In line with GPN's initial FY12 guidance, we trim our FY12-FY13 operating EPS estimates by 6% on average on lower operating margin assumptions given higher incremental investments." GPN has a $48 Price Target and closed at $52.20 a share yesterday.