Shift4 Payments price target raised to $140 from $118 at BTIG

BTIG raised the firm’s price target on Shift4 Payments (FOUR) to $140 from $118 and keeps a Buy rating on the shares. The firm sees “plenty of reasons” to like the shares into the company’s investor day and Q4 results on February 18. BTIG expects Shift4 to guide to at least 20% organic growth in fiscal 2025, with high-teens growth in FY26 and beyond, driven by its dominance in the hotel vertical, SkyTab wins in restaurants, international expansion, and opportunities within its existing customer base. The analyst still sees share upside despite the recent rally.