BTIG raised the firm’s price target on Shift4 Payments (FOUR) to $140 from $118 and keeps a Buy rating on the shares. The company is hosting its Investor Day, and the firm expects the management to guide to at least 20% organic growth in FY25, with high-teens growth in FY26 driven by the following key themes: dominance in the Hotel vertical, SkyTab wins in restaurants, international expansion, and land/expand opportunities within the existing customer base, the analyst tells investors in a research note.
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