Wells Fargo raised the firm’s price target on Shift4 Payments to $60 from $55 and keeps an Overweight rating on the shares. Shift4’s Q4 results weren’t perfect, but Wells Fargo believes the operational momentum is largely unchanged, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on FOUR:
- Shift4 Payments files to sell 3.51M shares of Class A common stock for holders
- Shift4 Payments jumps 7% to $50.96 following Q3 report
- Shift4 Payments sees 2023 revenue $2.60B-$2.63B, consensus $2.67B
- Shift4 Payments sees Q4 revenue $741M-$766M, consensus $778.28M
- Shift4 Payments reports Q3 adjusted EPS 82c, consensus 67c