** Raymond James upgrades payments processor Shift4 Payments FOUR.N to "strong buy" from "outperform" following the recent pullback in the stock
** Brokerage believes investors don't fully appreciate the strategic rationale as well as the financial benefits of FOUR's $2.5 billion deal for travel and retail-focused financial technology platform Global Blue GB.N
** Says while some investors were a bit disappointed in the initial 2025 outlook that was below slightly below consensus, the forecast will prove to be conservative given strong sales momentum and international expansion
** Seventeen of 22 brokerages rate the stock "buy" or higher and five "hold"; median PT is $130 — LSEG data
** FOUR stock down 16% YTD
(Reporting by Arasu Kannagi Basil in Bengaluru)
((ArasuKannagi.Basil@thomsonreuters.com))
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