Mizuho Maintains Buy on Shift4 Payments, Lowers Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Dan Dolev has maintained a Buy rating on Shift4 Payments (FOUR) but has lowered the price target from $85 to $75.

May 13, 2024 | 1:50 pm
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NEUTRAL IMPACT
Mizuho analyst Dan Dolev maintains a Buy rating on Shift4 Payments but lowers the price target from $85 to $75.
While the maintenance of a Buy rating suggests continued confidence in the company's fundamentals and growth prospects, the reduction in the price target could reflect adjustments in valuation metrics, market conditions, or both. This mixed signal might lead to short-term uncertainty among investors, potentially causing minor fluctuations in the stock price. However, the overall positive outlook is likely to support the stock's performance in the near term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100