B.Riley Financial analyst Hal Goetsch maintained a Buy rating on Shift4 Payments today and set a price target of $131.00. The company’s shares opened today at $87.33.
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According to TipRanks, Goetsch is a 5-star analyst with an average return of 57.1% and a 57.43% success rate. Goetsch covers the Technology sector, focusing on stocks such as Dave, Shift4 Payments, and Fiserv.
In addition to B.Riley Financial, Shift4 Payments also received a Buy from D.A. Davidson’s Peter Heckmann in a report issued today. However, on the same day, Truist Financial maintained a Hold rating on Shift4 Payments (NYSE: FOUR).
Based on Shift4 Payments’ latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $70.3 million. In comparison, last year the company earned a revenue of $827 million and had a net profit of $39.2 million
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- Shift4 Payments reinstated with a Buy at Goldman Sachs