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Shift4 Payments price target lowered to $114 from $124 at DA Davidson

DA Davidson lowered the firm’s price target on Shift4 Payments (FOUR) to $114 from $124 and keeps a Buy rating on the shares ahead of its Q3 results. The company will likely meet or modestly exceed its forecasts while the management should also affirm or modestly fine-tune their current full-year financial guidance, the analyst tells investors in a research note. Many investors also would like to see Shift4 management materially slow the pace of additional acquisitions until mid-2026 in order to focus on the integration of recent deals, the firm added.

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