Shift4 Payments price target raised to $78 from $65 at BofA

BofA analyst Jason Kupferberg raised the firm’s price target on Shift4 Payments to $78 from $65 and keeps a Buy rating on the shares. The analyst cites the company’s Q4 earnings beat while noting that its end-to-end conversions and share gains will continue to drive sustainable long term growth for Shift4 Payments. The firm further states that the company offers a "highly differentiated value proposition" to merchants and robust payment and technology service.