Shift4 Payments downgraded to Outperform from Strong Buy at Raymond James

Raymond James downgraded Shift4 Payments (FOUR) to Outperform from Strong Buy with a $67 price target The firm cites the company’s decelerating organic growth for the downgrade. Shift4’s growth will be in the low-double digits in 2026 versus high-teens in 2025, the analyst tells investors in a research note. Raymond James says Shift4 is a “show-me story” and that patience will be required with the 2026 guidance “no lay-up.”