Barclays lowered the firm’s price target on Shift4 Payments (FOUR) to $110 from $117 and keeps an Overweight rating on the shares as part of a Q1 preview. The shares remain weakened versus the February highs as the company’s fiscal 2025 guidance miss is exacerbated by macro concerns of economic downturns, the analyst tells investors in a research note. The firm cites peer multiples for the target cut.
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