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Raymond James Cuts Shift4 Payments (FOUR) PT, Keeps Strong Buy Rating
Yahoo Financeยท 2025-10-18 01:54
Core Viewpoint - Shift4 Payments, Inc. (NYSE:FOUR) is recognized as one of the best fintech stocks to buy, despite a recent price target reduction by Raymond James from $126 to $120 while maintaining a Strong Buy rating ahead of Q3 2025 results [1] Group 1: Price Target and Revenue Estimates - Raymond James lowered its price target for Shift4 Payments due to anticipated weakness in Global Blue, which the company acquired in July, leading to a 1.5% reduction in Q3 revenue estimates [2] - Adjusted EBITDA estimates were also reduced by approximately 2.0% as a result of the same weakness [2] - For fiscal years 2026 and 2027, revenue and EBITDA forecasts for Global Blue were decreased by 2-3% [3] Group 2: Business Performance and Growth Outlook - Despite the challenges with Global Blue, Shift4 Payments' core business is performing as expected, and Raymond James remains optimistic about the company's long-term growth potential [4] - The firm highlights potential revenue synergies from Dynamic Currency Conversion (DCC) and cross-selling opportunities to Global Blue merchants as key growth drivers [4] - Shift4 Payments is positioned as a financial technology company providing integrated payments and commerce solutions [4]