Market News / Story
Global Payments upgraded, Fiserv downgraded ahead of Q3 earnings release
Seeking Alpha ·
Seeking Alpha reports: Oppenheimer raised its recommendation on Global Payments to Buy equivalent but lowered Fiserv to Hold equivalent ahead of the third quarter earnings release. Global Payments was upgraded to Outperform from Perform, with the price target set at $115. Shares were 3.33% higher at $83.78 during pre-market trading on Thursday. The investment bank believes GPN's current valuation provides a buying opportunity for three reasons: estimated 2026 earnings are largely derisked;…