Fiserv (FI – Research Report), the Technology sector company, was revisited by a Wall Street analyst yesterday. Analyst Andrew Bauch from Wells Fargo maintained a Buy rating on the stock and has a $240.00 price target.
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Andrew Bauch’s rating is based on Fiserv’s strong financial performance and optimistic future outlook. The company’s fourth-quarter results demonstrated a steady revenue stream and significant earnings per share and margin improvements, surpassing market expectations. The robust EBITDA margin further underscores Fiserv’s operational efficiency, contributing to a positive market sentiment despite recent leadership changes.
Looking ahead, Fiserv’s guidance for fiscal year 2025 suggests continued growth, with expectations of organic revenue growth and margin expansion outpacing market predictions. The company’s free cash flow projection aligns with market estimates, indicating financial stability. Additionally, consistent performance across its diverse business segments highlights Fiserv’s resilience and potential for sustained success, justifying a Buy rating from Bauch.
FI’s price has also changed dramatically for the past six months – from $154.770 to $229.530, which is a 48.30% increase.