Jefferies reiterated a Buy rating and $127.00 price target on Fiserv Inc (NASDAQ: FISV) following the company's 4Q earnings report. FISV's Q4 results included revenues of $1,431M, which came in ~2.2% below Street at $1,463M.

Analyst Ramsey El-Assal commented, "FISV's Q4 earnings were soft on revs (hurt by an unexpected miss in International). Slightly lower operating margins than our model were offset by a lower share count, which drove in-line Q4 EPS. We believe F17 organic revenue guidance of 4.0%-5.0% growth is somewhat conservative, and we like the solid FY EPS guidance (ie, $5.10 at the midpoint vs. Street at $4.97; though helped quite a bit by a lower ongoing tax rate). Maintain Buy."

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 $107.78 yesterday.