Truist analyst Matthew Coad lowered the firm’s price target on Shift4 Payments (FOUR) to $74 from $80 and keeps a Hold rating on the shares as part of a broader research note on select Payments companies. The firm is adjusting its price targets following Q3 results in the space while also noting that its near-term reported volumes estimates are higher due to the Smartpay acquisition closing, but they are lower on an organic basis, which reflects uncertainty in Shift4’s hospitality and restaurant verticals in 2026, the analyst tells investors in a research note.
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