Avery Schumer
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Avery Schumer in Sector Report,

Analysts At Baird Like The Risk/Reward In Global Payments Shares

Baird analysts David J. Koning and Eric Ciura liked the risk/reward profile of Global Payments Inc . The analysts continue to see the stock as favorable on the solid underlying industry trends, incremental cash use and synergy gains from Heartland. They have also maintained their Outperform rating and target price of $85 on the company's shares.

The company reported its fourth-quarter results in July end and since then FX is ~0.25 percent less headwind on a year-over-year basis in respect of revenue and EPS in the first two quarters of the fiscal year 2017.

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