Core Viewpoint - Wells Fargo and other firms have initiated coverage on various companies in the payments and technology sectors, highlighting both challenges and opportunities within these industries [1] Group 1: Payments Sector - Wells Fargo initiated coverage of PayPal (PYPL) with an Equal Weight rating and a price target of $74, noting the sector's struggles due to a shift towards AI-centric stocks and execution issues among companies [1] - Coverage was also initiated for Shift4 (FOUR) and Fiserv (FI) with Equal Weight ratings, indicating a cautious outlook on these companies [1] - Block (XYZ) received an Overweight rating and a price target of $91, with Wells Fargo identifying attractive opportunities despite the sector being challenging for investors [1] - Other companies in the payments sector, including Global Payments (GPN), FIS (FIS), Visa (V), MasterCard (MA), Affirm (AFRM), and Circle Internet (CRCL), were also given Overweight ratings [1] Group 2: Advertising and E-commerce - Deutsche Bank initiated coverage of AppLovin (APP) with a Buy rating and a price target of $705, emphasizing its strong advertising technology and expansion into e-commerce advertising, which is significantly larger than mobile game in-app advertising [1] Group 3: Renewable Energy - Needham initiated coverage of First Solar (FSLR) with a Buy rating and a price target of $286, viewing it as a leading option for investing in U.S. utility-scale solar due to favorable policies [1] Group 4: Technology and Infrastructure - Piper Sandler initiated coverage of Dell Technologies (DELL) with an Overweight rating and a price target of $172, predicting it will benefit from a strong enterprise data center refresh in 2026 and AI infrastructure developments [1] - HP Enterprise (HPE) was also covered by Piper Sandler but received a Neutral rating, indicating a less favorable outlook compared to Dell [1]

Global Payments’ planned acquisition of Worldpay was OK’d Monday (Oct. 20) by the United Kingdom’s Competition and Markets Authority.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.“The CMA has cleared the anticipa ...

Global Payments’ planned acquisition of Worldpay was OK’d Monday (Oct. 20) by the United Kingdom’s Competition and Markets Authority.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.“The CMA has cleared the anticipa ...

Valued at a market cap of $20.7 billion, Global Payments Inc. (GPN) is a payment technology and software provider headquartered in Atlanta, Georgia. It enables businesses of all sizes to accept and process payments securely across card, digital, and check-based channels. The company is expected to announce its fiscal Q3 earnings for 2025 on Wednesday, Oct. 29. Ahead of this event, analysts expect this payment technology company to report a profit of $3.05 per share, up 4.1% from $2.93 per share in the yea ...

Mastercard (NYSE: MA) and Coinbase (NASDAQ:COIN) are both bidding in order to acquire stablecoin infrastructure provider BVNK in a deal that may be valued at around $2.5 billion, according to an update from Fortune.While citing various sources familiar with the matter, the outlet said that Coinbase seems to have the inside track over Mastercard, but emphasized that the so-called advanced discussions might not actually lead to a deal.Recently, UK-based BVNK acquired a strategic investment from Citi. Meanwhil ...

Core Insights - FIS's acquisition of Global Payments' Issuer Solutions business is progressing as planned, despite the need to refile information with the U.K. regulator [1][2] - The transaction is expected to close in the first half of 2026, as previously announced [3] - The U.K. Competition and Markets Authority (CMA) rejected the initial merger notice due to incomplete information, which has led to a pause in the statutory timetable for the review [3] Company Transactions - Global Payments sold its Issuer Solutions business to FIS for $13.5 billion while acquiring Worldpay for a net price of $22.7 billion [4] - FIS will divest its remaining stake in Worldpay to Global Payments for $6.6 billion, facilitating the monetization of its minority holding [4] Strategic Implications - FIS's CEO stated that the acquisition of Issuer Solutions is strategic and accretive, aimed at expanding FIS's payment product suite and replacing a non-cash generating stake with growing recurring revenues [5] - The recent transactions are reminiscent of significant mergers in 2019, highlighting a trend of large-scale consolidations in the payments industry [6] Regulatory Context - The CMA is also reviewing Global Payments' acquisition of Worldpay, with a phase 1 decision deadline set for November 11 [7]

Key Takeaways GPN unveils Genius platform to unify campus transactions across US and Canada.The POS platform improves efficiency, supports multiple payment types and simplifies staff training.Genius enhances dining and retail operations with digital ordering and data-driven insights. Global Payments Inc. (GPN) recently unveiled the Genius platform for higher education institutions across the United States and Canada. The platform enhances transaction management by unifying commerce operations across the cam ...

Global Payments Inc. (NYSE:GPN) is one of the most undervalued stocks to buy and hold for 5 years. On September 30, Global Payments announced the appointment of Nathan Rozof, CFA, as the head of Investor Relations. In this role, Rozof will lead the company’s investor relations strategy, serving as the primary liaison between Global Payments and the investment community. Rozof brings over two decades of experience in finance, capital markets, and investor engagement to the position. His background includes ...

Market Valuation Insights - Richard Fisher, former Dallas Fed President, noted that valuations are strong and concentrated, with the S&P 500 increasing from 666 in March 2009 to 6,666 recently, a 10x increase [1] - Fisher highlighted that many investors perceive current valuations as rich or overpriced, particularly concentrated in a few companies [1] - Victoria Greene, CIO at G Squared Private Wealth, agreed that the market is overvalued, likening Powell's statement to stating the sky is blue, while acknowledging the dual risks of inflation and a weakening labor market [2] Undervalued Stocks - A list of the 10 most undervalued stocks to buy and hold for 5 years was compiled, focusing on stocks with a forward P/E ratio under 20 and an expected EPS growth of at least 15% over the next 3 to 5 years [5] - The strategy of selecting stocks that hedge funds are investing in has shown to outperform the market, with a reported return of 373.4% since May 2014 [6] Global Payments Inc. (NYSE:GPN) - Global Payments has a forward P/E ratio of 6.18 and an expected EPS growth of 17.95% over the next 3 to 5 years, with 57 hedge fund holders [7][8] - The company appointed Nathan Rozof as the head of Investor Relations, who brings over two decades of experience in finance and investor engagement [9][10] - Global Payments provides payment technology and software solutions, operating through Merchant Solutions and Issuer Solutions segments [11] The Allstate Corporation (NYSE:ALL) - Allstate has a forward P/E ratio of 9.27 and an expected EPS growth of 16.59% over the next 3 to 5 years, with 62 hedge fund holders [12] - The company reported $16.6 billion in revenue for Q2 2025, a 5.8% year-over-year increase, with net income of $2.1 billion [13] - Allstate's Property-Liability segment generated approximately $1.3 billion in underwriting income, achieving a combined ratio of 91.1%, a 10-point improvement from the prior year [13] - The Protection Services segment reported revenues of $867 million for the quarter, with a 16.6% increase over the prior year [14]

With significant upside potential, Global Payments Inc. (NYSE:GPN) secures a spot on our list of the 20 NYSE Stocks with the Lowest P/E Ratios. The UK Competition and Markets Authority Launches a Phase 1 Investigation into Global Payments Inc. (GPN)’s Proposed Acquisition of Worldpay The UK Competition and Markets Authority launched a Phase 1 investigation into Global Payments Inc. (NYSE:GPN)’s proposed purchase of Worldpay on September 17, 2025, prompting Keefe, Bruyette & Woods to reiterate its Market ...