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Fly News Breaks for October 9, 2015
GPN
Oct 9, 2015 | 05:56 EDT
Jefferies analyst Jason Kupferberg downgraded Global Payments to Hold saying further multiple expansion will be challenging following the recent rally in shares. The company continues to have fundamental momentum, but sentiment has largely peaked, Kupferberg tells investors in a research note following Global Payments' Q1 results. He raised his price target for shares to $135 from $129.
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