Global Payments sees price target hike and strong institutional buying, signaling growth potential.

Truist Financial raised its price target for Global Payments from $79 to $95, reflecting optimism about the fintech company's prospects. Major institutional investors like Bank of New York Mellon and Pzena Investment Management have increased their stakes, showing strong confidence in the stock. Despite trading near its 52-week high, Global Payments is considered modestly undervalued, suggesting room for further growth. The company also promotes its integrated payment solutions through events like "Genius World," aiming to strengthen its market position.