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Shift4 Payments price target lowered to $105 from $120 at Deutsche Bank

Deutsche Bank lowered the firm’s price target on Shift4 Payments (FOUR) to $105 from $120 and keeps a Buy rating on the shares. The firm says the volume miss in the quarter is driving the stock weakness. It cites lower group multiples and a lack of upside on E2E volume growth for the target cut.

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