BTIG raised the firm’s price target on Shift4 Payments (FOUR) to $140 from $118 and keeps a Buy rating on the shares. The company is hosting its Investor Day, and the firm expects the management to guide to at least 20% organic growth in FY25, with high-teens growth in FY26 driven by the following key themes: dominance in the Hotel vertical, SkyTab wins in restaurants, international expansion, and land/expand opportunities within the existing customer base, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FOUR:
- Shift4 Payments price target raised to $140 from $118 at BTIG
- Comcast downgraded, Zillow upgraded: Wall Street’s top analyst calls
- Shift4 Payments initiated with a Hold at Deutsche Bank
- Shift4 Payments price target raised to $109 from $90 at Morgan Stanley
- Block upgraded to Buy at Monness Crespi on better positioning