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Fly News Breaks for February 28, 2019
GPN
Feb 28, 2019 | 08:46 EDT
Jefferies analyst Michael Del Grosso started Global Payments with a Buy rating and $150 price target. The company's pursuit of integrated payments through software-based acquisitions "is one of the more unique strategies within the payments industry," Del Grosso tells investors in a research note. He believes this strategy will drive faster revenue growth and larger margin expansion than peers.