DA Davidson Maintains Shift4 Payments (FOUR) at Buy as Founder Confirmed NASA Head

DA Davidson analyst Peter Heckmann reiterated a Buy rating and $104.00 price target on Shift4 Payments (NYSE: FOUR).

The analyst commented, "On Wednesday afternoon, Shift4 founder and Executive Chairman, Jared Isaacman, was confirmed by the US Senate as the next Administrator of the National Aeronautics and Space Administration (NASA). While President Trump withdrew his nomination for Isaacman earlier this year, he reversed that decision in the fall. We will look to the company for the conditions attached to the confirmation, including following through on prior plans to collapse the company’s multiple class structure."

For an analyst ratings summary and ratings history on Shift4 Payments click here. For more ratings news on Shift4 Payments click here.

Shares of Shift4 Payments closed at $64.53 yesterday.

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