Global Payments Dives on Analyst Downgrade—Wall Street Split on Outlook
Global Payments shares plunged about 9% to $67.37 after Susquehanna cut its price target to $111 and trimmed growth forecasts, citing travel-related risks, raising fresh doubts about near-term growth despite recent strong earnings and a $500 million buyback; Mizuho countered that concerns are overblown, but investors remain focused on guidance and Worldpay integration.