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Recommendations
Global Payments price target raised to $235 from $200 at Susquehanna » 09:40
02/13/20
02/13
09:40
02/13/20
09:40
GPN

Global Payments

$201.58 /

+ (+0.00%)

Susquehanna analyst James…

Susquehanna analyst James Friedman raised his price target on Global Payments to $235 from $200 following strong Q4 results. The analyst cited its raised synergy targets from its acquisitions, expected acceleration in the issuer segment, and the positives of its joint strategies of distribution. Friedman reiterated his Positive rating on Global Payments shares.

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Recommendations
Global Payments price target raised to $230 from $203 at JPMorgan » 09:40
02/13/20
02/13
09:40
02/13/20
09:40
GPN

Global Payments

$201.58 /

+ (+0.00%)

JPMorgan analyst…

JPMorgan analyst Tien-tsin Huang raised his price target for Global Payments to $230 from $203 saying the company extended its streak of earnings beats in Q4. The analyst sees potential for positive revisions driven by the company's "sharp" execution and incremental acquisitions. He keeps an Overweight rating on Global Payments.

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Recommendations
Global Payments price target raised to $225 from $190 at Wells Fargo » 08:26
02/13/20
02/13
08:26
02/13/20
08:26
GPN

Global Payments

$201.58 /

-1.295 (-0.64%)

, TSS

TSYS

$0.00 /

+ (+0.00%)

Wells Fargo analyst…

Wells Fargo analyst Timothy Willi raised his price target for Global Payments (GPN) to $225 from $190 after the company reported "solid" Q4 results and provided initial 2020 guidance that brackets his expectations. Given Global Payments' "strong" underlying momentum, balance sheet flexibility, and potential for further upside to cost saving and revenue synergy targets for the TSYS (TSS) acquisition, the analyst is increasingly confident in the company's ability to generate attractive EPS growth over the medium-term. He has an Overweight rating on Global Payments' shares.

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Recommendations
Global Payments outlook leaves room for upside, says Citi » 07:49
02/13/20
02/13
07:49
02/13/20
07:49
GPN

Global Payments

$201.58 /

-1.295 (-0.64%)

Global Payments beat…

Global Payments beat expectations for revenues, adjusted operating profit and earnings, raised its merger cost synergy target again, and provided an initial outlook that leaves room for upside, Citi analyst Ashwin Shirvaikar tells investors in a post-earnings research note. The main debate was on Merchant Solutions growth rate, which seemed weaker than expected but it is difficult to definitively call this core demand weakness, adds the analyst. He raised his price target for the shares to $233 from $230 and says Global Payments remains a top idea with a Buy rating. The analyst recommends buying the shares.

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Recommendations
Global Payments price target raised to $245 from $210 at SunTrust » 07:14
02/13/20
02/13
07:14
02/13/20
07:14
GPN

Global Payments

$201.58 /

-1.295 (-0.64%)

SunTrust analyst Andrew…

SunTrust analyst Andrew Jeffrey raised his price target on Global Payments to $245 and kept his Buy rating after its Q4 earnings beat, saying the company looks like the "best-positioned large merged Payments entity" thanks to its pure-play status, local market acquiring capability, and vertically integrated software solutions. Jeffrey adds that Global Payments should continue to benefit from "ample" operating leverage, delivering 10% organic revenue and "superior" earnings/free cash flow growth.

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Hot Stocks
Fly Intel: Pre-market Movers » 09:00
02/12/20
02/12
09:00
02/12/20
09:00
LYFT

Lyft

$53.98 /

+0.22 (+0.41%)

, BBBY

Bed Bath & Beyond

$14.84 /

+0.54 (+3.78%)

, MPC

Marathon Petroleum

$56.77 /

+1.69 (+3.07%)

, CVS

CVS Health

$73.87 /

+0.61 (+0.83%)

, SHOP

Shopify

$493.50 /

+1.88 (+0.38%)

, TAP

Molson Coors

$58.03 /

+0.22 (+0.38%)

, TEVA

Teva

$12.32 /

-0.03 (-0.24%)

, BG

Bunge

$55.00 /

+0.27 (+0.49%)

, GPN

Global Payments

$202.87 /

-1.77 (-0.86%)

, CYBR

CyberArk

$138.59 /

-0.17 (-0.12%)

, CME

CME Group

$211.68 /

-1.63 (-0.76%)

, NMIH

NMI Holdings

$35.60 /

+1.35 (+3.94%)

UP AFTER EARNINGS: CVS…

UP AFTER EARNINGS: CVS Health (CVS), up 2%... Shopify (SHOP), up 10%... Molson Coors (TAP), up 4%... Teva (TEVA), up 5%... Bunge (BG), up 2%. ALSO HIGHER: Marathon Petroleum (MPC), up 3% after Bloomberg reports Seven & i Holdings, the Japanese company that controls 7-Eleven, is considering a takeover of the company's Speedway gas-station division. DOWN AFTER EARNINGS: Lyft (LYFT), down 5%... Global Payments (GPN), down 1%... CyberArk (CYBR), down 8%... CME Group (CME), down 2%... NMI Holdings (NMIH), down 7%. ALSO LOWER: Bed Bath & Beyond (BBBY), down 26% after reporting a 5.4% decline in same-store sales for first two months of Q4.

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Hot Stocks
Global Payments sees annual run-rate expense synergies of at least $350M » 06:58
02/12/20
02/12
06:58
02/12/20
06:58
GPN

Global Payments

$202.87 /

-1.77 (-0.86%)

"We could not be…

"We could not be more excited about the outlook for 2020 as we leverage our differentiated payments technology model and execute on the significant cross-selling opportunities as a combined company. We now expect annual run-rate expense synergies of at least $350 million within three years, an increase from our prior expectation of more than $325 million. Further, we continue to expect annual run-rate revenue synergies of at least $125 million from the merger within that same period," stated Cameron Bready, President and COO. "Our strong fourth quarter results serve as an early indication of the value creation enabled by our merger with TSYS and reflect the tremendous progress we have already made in integrating our premier payments businesses."

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Earnings
Global Payments sees FY20 adjusted EPS 7.43-$7.62, consensus $7.56 » 06:57
02/12/20
02/12
06:57
02/12/20
06:57
GPN

Global Payments

$202.87 /

-1.77 (-0.86%)

Sees FY20 adjusted…

Sees FY20 adjusted revenue $7.68-$7.75B, consensus $7.75B.

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Earnings
Global Payments reports Q4 adjusted EPS $1.62, consensus $1.59 » 06:55
02/12/20
02/12
06:55
02/12/20
06:55
GPN

Global Payments

$202.87 /

-1.77 (-0.86%)

Reports Q4 adjusted…

Reports Q4 adjusted revenue $1.8B, consensus $1.8B.

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Earnings
Notable companies reporting before tomorrow's open » 20:25
02/11/20
02/11
20:25
02/11/20
20:25
CVS

CVS Health

$73.87 /

+0.61 (+0.83%)

, CME

CME Group

$211.68 /

-1.63 (-0.76%)

, GPN

Global Payments

$202.87 /

-1.77 (-0.86%)

, SHOP

Shopify

$493.50 /

+1.88 (+0.38%)

, TAP

Molson Coors

$58.03 /

+0.22 (+0.38%)

, IPG

Interpublic Group

$23.22 /

+0.055 (+0.24%)

Notable companies…

Notable companies reporting before tomorrow's open, with earnings consensus, include CVS Health (CVS), consensus $1.68... CME Group (CME), consensus $1.54... Global Payments (GPN), consensus $1.59... Shopify (SHOP), consensus 24c... Molson Coors (TAP), consensus 78c... Interpublic (IPG), consensus 83c.

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