Raymond James Downgrades Fiserv, Global Payments, Shift4 Payments Amid Industry Shifts
ByAinvest
Thursday, Mar 26, 2026 8:30 pm ET1min read
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Raymond James downgraded Fiserv, Global Payments, and Shift4 Payments due to their high valuations. The financial services firm adjusted its stock ratings across its payments and fintech coverage, citing a high average NTM P/E of around 11x.
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