Reported 2 days ago
Raymond James has reduced its price target for Shift4 Payments, Inc. (NYSE:FOUR) from $126 to $120 while maintaining a Strong Buy rating ahead of the company's Q3 2025 results. This adjustment reflects anticipated weaknesses in its recent acquisition, Global Blue, prompting downward revisions in revenue and EBITDA estimates for Q3 and fiscal years 2026-2027. Despite these concerns, Raymond James remains optimistic about Shift4's core business performance and long-term growth potential through revenue synergies.
Source: YAHOO