Fiserv upgraded to Buy at Seaport Research on durable earnings power

As previously reported, Seaport Research analyst Jeff Cantwell upgraded Fiserv (FI) to Buy from Neutral with a $240 price target The firm likes that Fiserv’s earnings power and stock price have proven to be highly durable in numerous macro environments, which it views as “increasingly valuable in ’25.” Fundamentally, the firm believes Fiserv stands to benefit as U.S. small-to-midsized businesses eventually re-accelerate their growth, the analyst tells investors.