Fiserv (FI) PT Raised to $277 at TD Cowen

TD Cowen analyst Bryan Bergin raised the price target on Fiserv (NYSE: FI) to $277.00 (from $235.00) while maintaining a Buy rating.

The analyst comments "The engine is purring as a new lead driver takes the wheel. FI demonstrated consistent underlying strength in Merchant led by Clover upside while FS is poised to accelerate in FY25 as new products & relations scale. Durability in FI's financial profile, including mid-teens+ EPS growth remains attractive and its consistency is supportive of further multiple expansion. PT $277."

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