Morgan Stanley Maintains Equal-Weight on Shift4 Payments, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst James Faucette has maintained an Equal-Weight rating on Shift4 Payments (FOUR) and increased the price target from $60 to $70.

February 28, 2024 | 6:08 pm
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Morgan Stanley has maintained an Equal-Weight rating on Shift4 Payments and raised the price target from $60 to $70.
The increase in price target by Morgan Stanley suggests a positive outlook on Shift4 Payments' future performance. This adjustment reflects an expectation of stronger financial health or growth prospects for the company. As price targets often influence investor perception and can impact stock price, this news is likely to be viewed positively by the market, potentially leading to a short-term increase in Shift4 Payments' stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100