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

TipRanks

Thu, Dec 19, 2024, 5:31 AM 1 min read

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.

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