Benchmark lowered the firm’s price target on Shift4 Payments (FOUR) to $100 from $111 and keeps a Buy rating on the shares. The company’s Q3 results “confirmed that its core engine is still compounding nicely” and the firm sees the combination of a “great business with a messy narrative” giving rise to an attractive opportunity for long-term investors, the analyst says.
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Read More on FOUR:
- Shift4 Payments price target lowered to $75 from $90 at Keefe Bruyette
- Shift4 Payments price target lowered to $80 from $86 at Morgan Stanley
- Shift4 Payments price target lowered to $100 from $115 at Seaport Research
- Shift4 Payments price target lowered to $115 from $125 at Susquehanna
- Shift4 Payments price target lowered to $83 from $95 at Goldman Sachs