BTIG Sticks to Its Buy Rating for Shift4 Payments (FOUR)
BTIG analyst Andrew Harte maintained a Buy rating on Shift4 Payments today and set a price target of $70.00.
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According to TipRanks, Harte is an analyst with an average return of -3.4% and a 23.13% success rate. Harte covers the Technology sector, focusing on stocks such as Par Technology, Shift4 Payments, and Exodus Movement, Inc. Class A.
In addition to BTIG, Shift4 Payments also received a Buy from TipRanks – PerPlexity’s PerPlexity Software – Infrastructure in a report issued today. However, on the same day, TipRanks – OpenAI reiterated a Hold rating on Shift4 Payments (NYSE: FOUR).
Based on Shift4 Payments’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.19 billion and a net profit of $25 million. In comparison, last year the company earned a revenue of $887 million and had a net profit of $116 million
Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of FOUR in relation to earlier this year. Last month, Jared Isaacman, a Major Shareholder at FOUR bought 43,827.00 shares for a total of $2,004,646.98.
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