Keefe Bruyette analyst Sanjay Sakhrani estimates S&P Index passive funds will need to purchase 7.2M shares of Shift4 Payments (FOUR) as a result of the company’s addition to the S&P MidCap 400 Index after the close on Tuesday, November 19. The firm has an Outperform rating on the shares with a $112 price target
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FOUR:
- Shift4 Payments (NYSE:FOUR) Announces Partnership with NBA’s San Antonio Spurs
- Shift4 Payments announce partnership with San Antonio Spurs
- Shift4 Payments to replace R1 RCM in S&P 400 at open on 11/20
- Shift4 Payments price target raised to $126 from $118 at DA Davidson
- Shift4 Payments price target raised to $110 from $104 at B. Riley
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue