Mizuho analyst Dan Dolev lowered the firm’s price target on Fiserv (FISV) to $135 from $145 and keeps a Buy rating on the shares as part of the firm’s FinTech & Payments team providing its 2023 outlook for sub-sectors in the group against a backdrop of higher rates, high inflation, and a slowing macro. The group’s top picks include Fiserv, Toast (TOST), FIS (FIS) and Robinhood (HOOD), while they are cautious on Upstart (UPST), Coinbase (COIN) and Block (SQ).
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