DA Davidson notes that Bloomberg reported that Shift4 CEO Jared Issacman relayed to employees in an internal memo that the company had received multiple offers above its current stock price, but the board rejected these bids as not sufficiently valuing the company. Shares are falling in early Monday trading in the wake of this news, notes the firm, which views shares as “very attractive at current levels” and reiterates a Buy rating and $96 price target on the stock.
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