Post a Free Blog

Submit A Press Release

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Action
Animation
ATP Tour (ATP)
Auto Racing
Baseball
Basketball
Boxing
Breaking News
Business
Business
Business Newsletter
Call of Duty (CALLOFDUTY)
Canadian Football League (CFL)
Car
Celebrity
Champions Tour (CHAMP)
Comedy
CONCACAF
Counter Strike Global Offensive (CSGO)
Crime
Defense of the Ancients (DOTA)
Documentary and Foreign
Drama
eSports
European Tour (EPGA)
Fashion
FIFA
FIFA Women’s World Cup (WWC)
FIFA World Cup (FIFA)
Fighting
Football
Formula 1 (F1)
Fortnite
Golf
Health
Hockey
Horror
IndyCar Series (INDY)
International Friendly (FRIENDLY)
Kids & Family
League of Legends (LOL)
LPGA
Madden
Major League Baseball (MLB)
Mixed Martial Arts (MMA)
MLS
Movie and Music
Movie Trailers
Mystery
NASCAR Cup Series (NAS)
National Basketball Association (NBA)
National Football League (NFL)
National Hockey League (NHL)
National Women's Soccer (NWSL)
NBA Development League (NBAGL)
NBA2K
NCAA Baseball (NCAABBL)
NCAA Basketball (NCAAB)
NCAA Football (NCAAF)
NCAA Hockey (NCAAH)
Olympic Mens (OLYHKYM)
Other
Other Sports
Overwatch
PGA
Politics
Premier League (PREM)
Romance
Sci-Fi
Science
Soccer
Sports
Sports
Technology
Tennis
Truck Series (TRUCK)
Ultimate Fighting Championship (UFC)
Uncategorized
US
Valorant
Women’s National Basketball Association (WNBA)
Women’s NCAA Basketball (WNCAAB)
World
World Cup Qualifier (WORLDCUP)
WTA Tour (WTA)
Xfinity (XFT)
XFL
0
-- Advertisement --spot_img
HomeBusinessCiti Reaffirms Shift4 Payments’ Buy Rating, Shares Gain

Citi Reaffirms Shift4 Payments’ Buy Rating, Shares Gain

Add to Favorite
Added to Favorite


Citi analysts maintained their Buy rating and a price target of $92 for Shift4 Payments (NYSE:FOUR), highlighting a renewed investor interest in Shift4, sparked by Nuvei’s recent acquisition news and the closing of the first quarter. The company’s shares closed nearly 3% higher on Wednesday.
The analysts presented two key observations: Firstly, the frequent pairing of Shift4 and Nuvei by investors may now benefit Shift4 as Nuvei shifts to a different investor base post-acquisition. Secondly, despite the temporary stock dip following CEO Isaacman’s comments on unattractive offers for Shift4, the analysts believe the market reaction has been excessive. The analysts reaffirmed confidence in Shift4’s standalone value and prospects.

Subscribe to get Latest News Updates

Latest News

You may like more
more

Netflix Price Target Raised to $713 by BMO Capital Analyst Brian Pitz

Brian Pitz of BMO Capital Raises Netflix Price Target Brian...

VinFast Auto Stock Plunges 11 percent After Q1 Earnings

VinFast Auto (NASDAQ:VFS) shares dropped more than 11% intra-day...

J.B. Hunt Shares Drop 8 percent Following Q1 Results

Shares of J.B. Hunt Transport Services (NASDAQ:JBHT) dropped more...

Abbott Laboratories Stock Falls 3 percent Following Narrowed Outlook

Abbott Laboratories (NYSE:ABT) surpassed expectations for its first-quarter earnings...