Learn more

RBC Capital analyst Daniel Perlin maintained Shift4 Payments Inc (NYSE:FOUR) with an Outperform and raised the price target from $80 to $94. Although underlying growth drivers remain solid, the analyst stated that a large enterprise client delay and unique gateway to end-to-end conversion caused the company to miss its fourth-quarter gross revenues less network fees guidance. As is the case with FOUR, the optics associated with these transactions are worse than the underlying fundamentals. Thus, investors should not lose sight of the material opportunities for growth ahead of FOUR, he said. Pe…