Shift4 Payments price target raised to $109 from $90 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Shift4 Payments (FOUR) to $109 from $90 and keeps an Equal Weight rating on the shares. The firm says in a 2025 outlook note that its Attractive payments and processing industry view are based on improving investor sentiment, young consumer preferences, a call for accelerated investment in competitive strengths, more M&A, and easing regulatory scrutiny.