Royal Bank of Canada Raises Global Payments Price Target to $102.00

Global Payments (NYSE:GPN) stock price is expected to rise by 11.03% according to Royal Bank of Canada analysts, who have raised their price objective from $96.00 to $102.00.

This represents a significant increase in the firm's valuation, and it suggests that investors are becoming more optimistic about the company's prospects.

Global Payments has had its fair share of analyst opinions over the past few months, with Citigroup reiterating their 'buy' rating on shares of the business services provider.

However, not all analysts are as bullish, with Deutsche Bank Aktiengesellschaft reducing their price target from $75.00 to $70.00 and setting a 'hold' rating for the company.