NEW YORK ( TheStreet) -- Investors should look past Global Payment's (GPN - Get Report) security breach, which has hurt the company's stock, according to a research report issued Tuesday by Sterne Agee analyst Greg Smith.While Smith said he has cut the stock's price target from $65 to $58, he anticipates it will snap back from a depressed trading range "as we continue to view the fundamental growth outlook and market opportunity for GPN as attractive."
Buy Global Payments on Data-Breach Dip, Analyst Says
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