Mizuho lowered the firm’s price target on Shift4 Payments (FOUR) to $95 from $100 and keeps an Outperform rating on the shares as part of an earnings preview. The firm believes the company is likely to fall short of its prior guidance. Although that near-term expectations are likely too high for Shift4, the company’s medium-term fundamentals “remain sound,” the analyst tells investors in a research note.
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Read More on FOUR:
- Shift4 Payments price target lowered to $80 from $88 at Truist
- Long-Term Potential and Strategic Synergies Drive Buy Rating for Shift4 Payments
- Shift4 Payments initiated with an Equal Weight at Wells Fargo
- Shift4 in exclusive talks to acquire Worldline’s North American units
- Shift4 Payments price target lowered to $112 from $115 at Oppenheimer
