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Goldman Sachs Raises Numbers On Fiserv (FISV) On New Share Buyback Plan

February 24, 2012 7:42 AM EST
Get Alerts FISV Hot Sheet
Price: $114.23 --0%

Rating Summary:
    29 Buy, 14 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 10 | Down: 11 | New: 6
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Goldman Sachs raised estimates and its price target on Fiserv (NASDAQ: FISV) from $72 to $73 following the additional 10 million share repurchase plan, representing 7% of outstanding shares.

The firm raised CY12, CY13 and CY14 adjusted EPS estimates to $5.23, $6.03 and $6.92 from $5.18, $5.87 and $6.62, driven by higher share buyback.

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 $65.84 yesterday.


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Analyst Comments, Analyst EPS Change, Analyst PT Change, Stock Buybacks

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