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Fly News Breaks for July 25, 2017
GPN
Jul 25, 2017 | 07:08 EDT
Oppenheimer analyst Glenn Greene raised his price target for Global Payments to $100 from $92 as he remains optimistic regarding its organic growth/margin opportunities, driven by technology/software-enabled and international opportunities. Benefiting from robust free cash flow/delevering, Global Payments now appears to have the capital flexibility to resume M&A activity, he adds. The analyst reiterates an Outperform rating on the shares.