Morgan Stanley cuts Shift4Payments' PT on low earnings optimism

Shift4 Payments

03/10/2025 12:09

** Morgan Stanley cuts PT on payments processor Shift4Payments FOUR.N to $86 from $92, retains "equal weight" rating

** Brokerage is less optimistic about co's earnings growth due to macro headwinds and slower-than-expected synergy realization from acquisitions

** "We continue to have preferences for names elsewhere in Payments space, including over weight-rated Fiserv FI.N, where we see more opportunity for multiple expansion," Morgan Stanley says

** 17 of 22 brokerages rate stock "buy" or higher, five "hold"; median PT is $110 - data compiled by LSEG

** As of last close, FOUR down 24.1% YTD

 (Reporting by Anuj T in Bengaluru)

 ((anuj.t@thomsonreuters.com))