Goldman Sachs Raises Numbers On Fiserv (FISV)

July 27, 2011 10:19 AM EDT
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Price: $51.38 --0%

Rating Summary:
    25 Buy, 17 Hold, 2 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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Goldman Sachs raised estimates and its price target on Fiserv (NASDAQ: FISV) from $64 to $67 but is keeping their Neutral rating.

The firm notes results in the industry confirm healthy financial services end-market driven by tech spending and process volume growth. "With regulatory clouds cleared and limited financial/credit balance sheet risk, we expect financial technology to find continued investor support," the firm said.

Goldman said it is more constructive on Fiserv although they maintain their Neutral.

For more ratings news on Fiserv click here and for the rating history of Fiserv click here.

Shares of Fiserv closed at $61.51 yesterday.


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