Goldman Sachs Maintains Buy on Shift4 Payments, Lowers Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Will Nance maintains a Buy rating on Shift4 Payments (FOUR) but lowers the price target from $91 to $80.
April 15, 2024 | 2:31 pm
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NEUTRAL IMPACT
Goldman Sachs maintains a Buy rating on Shift4 Payments but reduces the price target from $91 to $80.
While the reduction in price target could suggest a tempered outlook on the stock's short-term price performance, the maintenance of a Buy rating indicates continued confidence in the company's fundamentals. This mixed signal could lead to neutral short-term price movement as investors weigh the lowered price target against the ongoing endorsement.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100