Morgan Stanley Maintains Underweight on Shift4 Payments, Raises Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst James Faucette maintains an Underweight rating on Shift4 Payments (NYSE:FOUR) and raises the price target from $50 to $52.
August 04, 2023 | 7:20 pm
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Morgan Stanley maintains an Underweight rating on Shift4 Payments and raises the price target from $50 to $52.
The news directly pertains to Shift4 Payments (FOUR). While the Underweight rating suggests that the analyst believes the stock may underperform the market, the raised price target indicates a slightly more positive outlook. However, the impact on the stock price in the short term is uncertain as it depends on how investors interpret and react to these mixed signals.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100