Investing.com -- Morgan Stanley upgraded Global Payments to Overweight from Equal-weight and raised its price target to $100 from $65, arguing the payments processor offers an attractive risk-reward profile as improving execution, stronger buyback capacity and a depressed valuation create room for a significant rerating. The brokerage said recent channel checks point to improving competitive positioning for both the company's Genius small-business platform and the recently acquired Worldpay business. The brokerage raised its 2027 and 2028 share repurchase forecasts to about $3 billion annually, citing stronger confidence in Global Payments' free cash flow generation and capital allocation. It also lifted its 2027 adjusted EPS estimate to $16.30 from $15.82, while projecting 2028 adjusted EPS of $20.71. Related articlesMorgan Stanley upgrades Global Payments to Overweight on Worldpay optimismMonster Beverage downgraded to Hold as valuation seen limiting further upsideWells Fargo cuts HubSpot to Equal Weight as AI transition clouds near-term outlook