BTIG Remains a Buy on Shift4 Payments (FOUR)
BTIG analyst Andrew Harte maintained a Buy rating on Shift4 Payments today and set a price target of $80.00.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Harte covers the Technology sector, focusing on stocks such as Par Technology, Block, and Bill.com Holdings. According to TipRanks, Harte has an average return of -1.6% and a 26.77% success rate on recommended stocks.
In addition to BTIG, Shift4 Payments also received a Buy from D.A. Davidson’s Peter Heckmann in a report issued yesterday. However, today, Truist Financial maintained 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 37 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. Earlier this month, Jared Isaacman, a Major Shareholder at FOUR bought 296,237.00 shares for a total of $13,656,751.50.
Read More on FOUR:
Disclaimer & DisclosureReport an Issue
- Shift4 Payments price target lowered to $50 from $71 at Truist
- Shift4 Payments price target lowered to $82 from $104 at DA Davidson
- Shift4 Payments price target lowered to $67 from $100 at Benchmark
- Shift4 Payments price target lowered to $50 from $80 at Morgan Stanley
- Shift4 Payments price target lowered to $120 from $131 at B. Riley
