Citigroup Maintains Buy Rating for Shift4 Payments: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Citigroup has maintained its Buy rating for Shift4 Payments (NYSE:FOUR) but lowered its price target from $85.00 to $70.00. Shift4 Payments' shares are currently trading at $53.06, up 0.25% over the last 24 hours. A move to $70.00 would represent a 31.93% increase from the current share price.
October 04, 2023 | 5:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Citigroup has maintained its Buy rating for Shift4 Payments but lowered its price target. This could potentially lead to increased investor interest and a rise in the stock price.
Analyst ratings often influence investor sentiment. In this case, Citigroup's decision to maintain a Buy rating for Shift4 Payments indicates a positive outlook for the company. However, the lowering of the price target might indicate a more conservative estimate of the company's future performance. This could lead to increased investor interest and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100