Shift4 Payments Shares Pop as DA Davidson Initiates Coverage

Shift4 Payments Shares Pop as DA Davidson Initiates Coverage
The logo of Shift4 Payments Inc. is seen in Allentown, Pa., in August 2021. Google Maps/Screenshot via The Epoch Times
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DA Davidson analyst Christopher Brendler initiated coverage of Shift4 Payments Inc. with a Buy rating and $70 price target (39.8 percent upside).

The shift in market sentiment amid the Fed and geopolitical uncertainty has created “rare buying opportunities” in “compelling” growth stories, Brendler contended.