Payments firm Fiserv lifts profit forecast, buoyed by strong spending

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Fiserv (FI) PT Raised to $224 at RBC Capital

October 23, 2024 6:53 AM EDT

RBC Capital analyst Kurt Hallead raised the price target on Fiserv (NYSE: FI) to $224.00 (from $183.00) while maintaining a Outperform rating.

The analyst comments "Fiserv continues to display the durability of its growth in the face of a slowing consumer spending environment,... More

Fiserv (FI) PT Raised to $220 at Wells Fargo

October 23, 2024 6:37 AM EDT

Wells Fargo analyst Andrew Bauch raised the price target on Fiserv (NYSE: FI) to $220.00 (from $215.00) while maintaining a Overweight rating.

The analyst comments "Shares continue to tick higher (+50% YTD vs. S&P +23%) as the predictability in FI's top- line/EPS growth algo continues to... More

Fiserv (FI) PT Raised to $220 at Baird

October 23, 2024 6:26 AM EDT

Baird analyst David J. Koning raised the price target on Fiserv (NYSE: FI) to $220.00 (from $210.00) while maintaining a Outperform rating.

The analyst comments "Q3 results were good, with EBIT beating on revenue nearly in line, and EPS/ revenue guidance raised; we like... More

Fiserv (FI) PT Raised to $200 at Jefferies

October 22, 2024 3:56 PM EDT

Jefferies analyst Trevor Williams raised the price target on Fiserv (NYSE: FI) to $200.00 (from $195.00) while maintaining a Hold rating.

The analyst comments "Aside from the Financial Sol'ns miss and 4Q EPS implied slightly below Street, a largely as-expected qtr. Clover story remains... More

CFRA Upgrades Fiserv (FI) to Strong Buy

October 22, 2024 3:33 PM EDT

CFRA analyst Caydee Blankenship upgraded Fiserv (NYSE: FI) from Buy to Strong Buy with a price target of $235.00 (from $200.00).

The analyst comments "FI delivered a robust Q3, demonstrating resilience across its key business segments. Q3 adj-revenue came in at $4.88B (+7% Y/Y; +15% organic) on... More