Evercore ISI analyst Adam Frisch initiated coverage of Shift4 Payments (FOUR) with an In Line rating and $80 price target The company places well on valuation, but investors “will prioritize less complicated stories first in a recovery market,” the analyst tells investors in a research note. The firm believes those that have broader exposure to non-discretionary verticals will perform better than Shift4 . More disclosure around acquisition synergies could remove a major overhang on the stock, adds Evercore.
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