Baird raised the firm’s price target on Fiserv to $168 from $164 and keeps an Outperform rating on the shares. The firm noted Merchant growth was strongest in several quarters, FCF solid, buybacks strong/leverage reduced, and they are raising estimates.
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Read More on FI:
- Notable companies reporting before tomorrow’s open
- Fiserv price target raised to $156 from $150 at Mizuho
- Fiserv price target raised to $140 from $120 at Truist
- Fiserv upgraded to Outperform from Perform at Oppenheimer
- Fiserv upgraded to Outperform from Neutral at Exane BNP Paribas (earlier)
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