Mizuho Maintains Buy Rating for Shift4 Payments: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Mizuho has maintained its Buy rating for Shift4 Payments (NYSE:FOUR) but reduced its price target from $80.00 to $75.00. Shift4 Payments' shares are currently trading at $64.09, down 0.85% over the last 24 hours. The new price target suggests a potential upside of 17.02% from the current price. Shift4 Payments provides integrated payment processing and technology solutions, catering to a variety of merchants and industries.
November 20, 2023 | 5:00 pm
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Mizuho maintains a Buy rating on Shift4 Payments with a reduced price target of $75, indicating a potential 17.02% increase from the current price of $64.09.
The maintenance of a Buy rating by Mizuho suggests a positive outlook on Shift4 Payments, which could instill investor confidence and drive demand for the stock. However, the reduction in the price target may slightly temper expectations. The potential upside of 17.02% is significant and could influence investors to consider buying shares, expecting growth towards the new target price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100