Raymond James upgrades Shift4 Payments to 'strong buy' on Global Blue deal

Global Blue Holding

10/03/2025 19:12

** Raymond James upgrades payments processor Shift4 Payments FOUR.N to "strong buy" from "outperform" following the recent pullback in the stock

** Brokerage believes investors don't fully appreciate the strategic rationale as well as the financial benefits of FOUR's $2.5 billion deal for travel and retail-focused financial technology platform Global Blue GB.N

** Says while some investors were a bit disappointed in the initial 2025 outlook that was below slightly below consensus, the forecast will prove to be conservative given strong sales momentum and international expansion

** Seventeen of 22 brokerages rate the stock "buy" or higher and five "hold"; median PT is $130 — LSEG data

** FOUR stock down 16% YTD

 (Reporting by Arasu Kannagi Basil in Bengaluru)

 ((ArasuKannagi.Basil@thomsonreuters.com))