Piper Sandler raised the firm’s price target on Shift4 Payments (FOUR) to $120 from $93 and keeps an Overweight rating on the shares. The firm notes that unfavorable consumer trends in Q3 weighed on top line with Shift4 reporting GRLNF and E2E volume below Street expectations. Despite this, the company reported EBITDA upside, reaching 51% margins.
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