UPDATE: Goldman Sachs Lowers PT on Global Payments on F3Q12 Revenues
April 03, 2013 at 15:48 PM EDT
In a report published Wednesday, Goldman Sachs analyst Roman Leal reiterated a Buy rating on Global Payments (NYSE: GPN ), but lowered the price target from $58.00 to $55.00. In the report, Leal noted, “GPN reported F3Q13 revenues/cash EPS of $579mn/$0.87, below our forecast of $581 mn/$0.91 and the Street