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Fly News Breaks for March 2, 2018
GPN
Mar 2, 2018 | 07:10 EDT
Oppenheimer analyst Glenn Greene said he continues to view Global Payments shares as "highly attractive" following an upbeat analyst event on Thursday. At the event, Global Payments reiterated its long-term strategy with technology-enabled distribution channels driving accelerating growth and profitability also affirmed its FY18 guidance and raised its three-year cycle guide, Greene noted. Greene believes that the company's disciplined capital deployment and its improving mix toward technology and software distribution channels should help fuel growth and profitability in the coming years. He maintained an Outperform rating and $121 price target on shares.