Shift4 Payments rises after Wall Street analysts lift PTs
** Shares of payments processor Shift4 Payments FOUR.N rise ~4% to $79.90
** At least five brokerages raise price targets on the stock after results
** "We think the fundamental set up is stronger than years past, and expect FOUR to continue on its beat and raise path," write analysts at Wells Fargo
** Co on Tuesday forecast FY 2024 adjusted EBITDA between $635 mln to $675 mln, the midpoint of which was above analysts' expectations of $641.7 mln - LSEG
** "FOUR management called out investments in internal systems and AI plus big steps on geographic expansion" - Mizuho
** FOUR had reported Q4 gross profit of $184.6 mln, up 33% from a year earlier
** Shares in FOUR up ~7.5% YTD; stock gained ~33% in 2023
Reporting by Manya Saini in Bengaluru
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