Fiserv price target lowered to $110 from $145 at Mizuho

Mizuho lowered the firm’s price target on Fiserv (FI) to $110 from $145 and keeps an Outperform rating on the shares. To say the company’s Q3 report “was disappointing is an understatement,” the analyst tells investors in a research note. The firm adds that while Clover growth slowed, it is still a “great product” and U.S. is accelerating.