Truist Securities Maintains Buy on Shift4 Payments, Lowers Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Andrew Jeffrey maintains a 'Buy' rating on Shift4 Payments (NYSE:FOUR) but has lowered the price target from $87 to $75.
October 17, 2023 | 5:20 pm
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NEUTRAL IMPACT
Shift4 Payments' price target has been lowered from $87 to $75 by Truist Securities, though the 'Buy' rating is maintained.
The lowering of the price target by Truist Securities could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Buy' rating indicates that the analyst still sees potential upside, which could counterbalance the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100