Fiserv price target raised to $267 from $258 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Fiserv (FI) to $267 from $258 and keeps an Overweight rating on the shares. The Q4 report “drives home the point” that Fiserv’s combination of growth durability, execution, and scale are “unmatched” and that it can “continue to be a high-teens earnings compounder,” the analyst tells investors.