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Fly News Breaks for June 17, 2019
TSS, GPN
Jun 17, 2019 | 09:43 EDT
BofA/Merrill analyst Jason Kupferberg raised his price target for Global Payments (GPN) to $180 from $160 and maintained a Buy rating, saying he believes the stock is currently trading on Global Payments/TSYS (TSS) pro-forma numbers. The analyst tells investors that he does not foresee hurdles in the closing of the deal as there is little overlap in their businesses.
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