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Analysts Offer Insights on Technology Companies: Shift4 Payments (FOUR), Block (XYZ) and Sprout Social (SPT)

Tipranks - Sat Feb 28, 6:12AM CST

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Shift4 Payments (FOURResearch Report), Block (XYZResearch Report) and Sprout Social (SPTResearch Report).

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Shift4 Payments (FOUR)

In a report released yesterday, Sanjay Sakhrani from KBW maintained a Hold rating on Shift4 Payments, with a price target of $60.00. The company’s shares closed last Thursday at $48.41.

According to TipRanks.com, Sakhrani is a 5-star analyst with an average return of 13.4% and a 67.2% success rate. Sakhrani covers the Financial sector, focusing on stocks such as Chime Financial, Inc. Class A, Bread Financial Holdings, and Capital One Financial. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Shift4 Payments with a $86.77 average price target, which is a 66.9% upside from current levels. In a report issued on February 19, Wells Fargo also maintained a Hold rating on the stock with a $77.00 price target.

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Block (XYZ)

Citi analyst Bryan Keane maintained a Buy rating on Block today and set a price target of $85.00. The company’s shares closed last Thursday at $54.53, close to its 52-week low of $53.54.

According to TipRanks.com, Keane is a 4-star analyst with an average return of 4.4% and a 52.8% success rate. Keane covers the Technology sector, focusing on stocks such as Automatic Data Processing, Fidelity National Info, and Bill.com Holdings. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Block with a $86.23 average price target, a 66.3% upside from current levels. In a report released today, Bank of America Securities also reiterated a Buy rating on the stock with a $86.00 price target.

Sprout Social (SPT)

William Blair analyst Arjun Bhatia reiterated a Hold rating on Sprout Social today. The company’s shares closed last Thursday at $7.11.

According to TipRanks.com, Bhatia is ranked 0 out of 5 stars with an average return of -7.9% and a 35.8% success rate. Bhatia covers the Technology sector, focusing on stocks such as Zeta Global Holdings Corp, Zoom Video Communications, and Klaviyo, Inc. Class A. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Sprout Social with a $10.80 average price target, implying a 59.8% upside from current levels. In a report released today, Morgan Stanley also maintained a Hold rating on the stock with a $10.00 price target.

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