Seaport Global Initiates Coverage On Shift4 Payments with Buy Rating, Announces Price Target of $85
Portfolio Pulse from Benzinga Newsdesk
Seaport Global analyst Jeff Cantwell has initiated coverage on Shift4 Payments (NYSE:FOUR) with a Buy rating and set a price target of $85. This new coverage could influence investor sentiment and potentially impact the stock's performance in the short term.
December 14, 2023 | 12:58 pm
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POSITIVE IMPACT
Shift4 Payments received a Buy rating from Seaport Global with a price target of $85, which may positively affect the stock's short term performance.
Analyst ratings, especially initiations of coverage with a Buy rating, can lead to increased investor confidence and a positive short term price movement. The price target of $85 suggests a significant upside potential from the current trading price, which could attract investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100