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Fly News Breaks for December 24, 2015
HPY, GPN
Dec 24, 2015 | 07:48 EDT
Sterne Agee CRT named Global Payments as its top payments pick for 2016. The firm thinks the company's revenue is "uniquely positioned" to accelerate, and it's upbeat on the company's acquisition of Heartland Payment (HPY). The firm estimates that Global Payment's EPS is poised to rise 15%-20%, and it keeps an $85 price target and Buy rating on the name.
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