Market Overview

Sterne Agee Maintains Buy on Global Payments

Share:

Sterne Agee is out with its report today on Global Payments (NYSE: GPN), maintaining Buy.

In its report, Sterne Agee writes, "Global Payment's international footprint should drive growth and margin expansion. We initiated coverage of Global Payments in August with a Buy rating as we believe the company is well positioned to drive double-digit EPS growth. From a shorter-term perspective, the company has already provided FY12 guidance, which we think will prove conservative as we expect Global to benefit nicely from pricing changes as a result of the Durbin Amendment."

At the time of posting, shares of GPN were trading at $40.66, up 0.57% from Thursday's close.

Posted-In: Sterne AgeeAnalyst Color Analyst Ratings

 

Related Articles (GPN)

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
WMBTD SecuritiesMaintains28.0
MICTD SecuritiesMaintains58.0
CPXTD SecuritiesMaintains37.0
KFYSidoti & Co.Maintains58.0
DOCUWedbushMaintains90.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

Morgan Stanley Maintains Overweight on Fifth Third Bancorp

Chinese Property Bubble is Dubai in 2007 x 1,000