Fiserv (FISV) PT Lowered to $62 at Baird, 'designating as a bearish Fresh Pick into earnings'
Baird analyst David Koning lowered the price target on Fiserv (NASDAQ: FISV) to $62.00 (from $78.00) while maintaining a Outperform rating.
The analyst commented: "We are designating as a bearish Fresh Pick into earnings, as we expect Q2 revenue to modestly miss, and the low end of 2026 revenue guidance seems difficult (requires a large H2 ramp). Our mid-2026 survey had some difficult client feedback, and management turnover likely means the stock won't get a pass if results are in line or below Street."