DA Davidson Reiterates Buy Rating on Shift4 Payments (FOUR)

DA Davidson analyst Peter Heckmann reiterated a Buy rating and $68.00 price target on Shift4 Payments (NYSE: FOUR).

The analyst commented, "We anticipate Shift4 will report 3Q results in early November, and we expect the company will meet or modestly exceed our forecasts (and consensus). At an investment conference in September, management reiterated their expectations for 9%-13% Y/Y organic revenue growth in 2H26, and they also expressed that this range should be sustainable for 2027. With this note, we have trimmed our net revenue forecasts for 2027 and 2028 by 2%-3% each to move our organic growth forecasts down into the 10%-11% range for both years. We are maintaining our BUY rating on Shift4 with a price target of $68."

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 $38.50 yesterday.

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