Raymond James Cuts Shift4 Payments (FOUR) PT, Keeps Strong Buy Rating

Shift4 Payments, Inc. (NYSE:FOUR) is one of the 12 Best Fintech Stocks to Buy According to Analysts. On October 10, Raymond James reduced its price target on Shift4 Payments, Inc. (NYSE:FOUR) from $126 to $120 while keeping a Strong Buy rating ahead of the company’s Q3 2025 results.

This decision to lower the price target reflects expected weakness in Global Blue, which Shift4 Payments, Inc. (NYSE:FOUR) acquired in July. This weakness prompted Raymond James to lower its Q3 revenue estimates by about 1.5%. The firm also reduced its adjusted EBITDA estimates by approximately 2.0%.

Raymond James has also taken a more cautious view for fiscal 2026 and 2027 Global Blue estimates, decreasing its revenue and EBITDA forecasts by 2-3% for both years.

The research firm pointed out that while this weakness in Global Blue is “not ideal,” Shift4 Payments, Inc.’s (NYSE:FOUR) core business is performing as anticipated. Raymond James is still optimistic about the company’s long-term growth, especially regarding revenue synergies, including Dynamic Currency Conversion (DCC) and cross-selling to Global Blue merchants.

Shift4 Payments, Inc. (NYSE:FOUR) is a financial technology company that provides integrated payments and commerce solutions.

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Disclosure: None. This article is originally published at Insider Monkey.