UPDATE: J.P. Morgan Lowers PT on Global Payments on Disappointing F3Q Results

In a report published Wednesday, J.P. Morgan analyst Tien-tsin Huang reiterated an Overweight rating on Global Payments (NYSE: GPN ), but slightly lowered the price target from $57.00 to $56.00. In the report, Huang noted, “GPN reported disappointing F3Q rev/EPS of $579mm/$0.87 (JPM and Street @ $577mm/$0.88 and $581mm/$0.89), with