Jefferies Starts Fiserv (FISV) at Buy
Tweet Send to a FriendGet Alerts FISV Hot Sheet
Price: $90.59 +1.84%
Rating Summary:
1 Buy, 12 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Rating Summary:
1 Buy, 12 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Trade FISV Now!
Jefferies initiates coverage on Fiserv (NASDAQ: FISV) with a Buy. PT $94.00.
The firm comments, "We believe FISV's differentiated digital strategy has enabled the company to: 1) gain commanding US market share in Internet banking/bill pay, 2) open new sales channels to the largest US banks, 3) nimbly exploit the ongoing consumer shift to mobile banking. We also see FISV as a solid defensive play amid ongoing market volatility (strong FCF, recurring revs), noting that shares outperformed during the last two recessions."
For an analyst ratings summary and ratings history on Fiserv click here. For more ratings news on Fiserv click here.
Shares of Fiserv closed at $79.89 yesterday, with a 52 week range of $56.29-$80.52.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
The firm comments, "We believe FISV's differentiated digital strategy has enabled the company to: 1) gain commanding US market share in Internet banking/bill pay, 2) open new sales channels to the largest US banks, 3) nimbly exploit the ongoing consumer shift to mobile banking. We also see FISV as a solid defensive play amid ongoing market volatility (strong FCF, recurring revs), noting that shares outperformed during the last two recessions."
For an analyst ratings summary and ratings history on Fiserv click here. For more ratings news on Fiserv click here.
Shares of Fiserv closed at $79.89 yesterday, with a 52 week range of $56.29-$80.52.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- BTIG Starts Ambac Financial (AMBC) at Buy, Interesting Play with 'Optionality'
- Barclays Starts Crown Castle (CCI) at Equalweight
- Barclays Starts T-Mobile US, (TMUS) at Equalweight
Create E-mail Alert Related Categories
Hot New Coverage, New CoverageRelated Entities
Jefferies & Co
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
