BTIG analyst Andrew Harte lowered the firm’s price target on Fiserv (FI) to $200 from $215 and keeps a Buy rating on the shares. The company reduced its outlook across the board due to slower than expected roll-outs of new products, the analyst tells investors in a research note. The firm admits to being overconfident in Fiserv’s ability to accelerate growth in the second half of 2025 but remains confident in the long-term growth potential of Clover.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FI:
- Trump announces tariff deal with Japan, AT&T reports Q2 beat: Morning Buzz
- Fiserv falls -17.5%
- Fiserv falls -21.2%
- Buy Rating on Fiserv: Valuation Appeal and Financial Solutions Strength Amid Challenges
- Morning Movers: Fiserv sinks following second quarter results
