Goldman Sachs reinstated coverage of Shift4 Payments (FOUR) with a Buy rating and $104 price target which offers 20% upside, following the close of the Global Blue acquisition. The firm views Shift4 as a top growth story and is constructive on the company’s approach to acquisitions. The deals have driven high levels of growth without outsized customer acquisition costs for the company, the analyst tells investors in a research note.
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