Swedbank AB Invests $4.58 Million in Global Payments Inc. (NYSE:GPN)
Summary
Swedbank AB bought a new position in shares of Global Payments Inc. (NYSE:GPN Free Report) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. Barclays decreased their target price on shares of Global Payments from $160.00 to $145.00 and set an overweight rating for the company in a research note on Thursday, May 2nd. TD Cowen lowered their price target on shares of Global Payments from $152.00 to $125.00 and set a buy rating on the stock in a report on Friday, June 21st. Finally, Wells Fargo & Company initiated coverage on Global Payments in a research note on Wednesday, June 12th. The Merchant Solutions segment offers authorization, settlement and funding, customer support, chargeback resolution, terminal rental, sales and deployment, payment security, and consolidated billing and reporting services.