Raymond James lowered the firm’s price target on Shift4 Payments (FOUR) to $130 from $140 and keeps a Strong Buy rating on the shares. Management’s intra-quarter commentary includes Q1 revenue guidance that is expected to be 19%-21% of fiscal 2025 revenue, the analyst tells investors in a research note. While the firm says restaurant spending data is worth monitoring, Raymond James continues to see a very favorable risk/reward and a significant opportunity to drive revenue synergies in excess of management’s $80M target.
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