DA Davidson Maintains Buy on Shift4 Payments, Raises Price Target to $96
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Peter Heckmann has reaffirmed a Buy rating on Shift4 Payments (NYSE:FOUR) and increased the price target from $80 to $96, signaling confidence in the company's future performance.
December 15, 2023 | 5:37 pm
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POSITIVE IMPACT
Shift4 Payments' stock may see a positive short term impact due to DA Davidson's increased price target and maintained Buy rating, reflecting analyst confidence.
Analyst ratings and price target adjustments are significant drivers of stock price movements in the short term. The increase in price target by DA Davidson suggests a strong conviction in the company's growth prospects, which can lead to increased investor confidence and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100