Fiserv price target raised to $150 from $140 at Barclays

Barclays analyst Ramsey El-Assal raised the firm’s price target on Fiserv to $150 from $140 and keeps an Overweight rating on the shares. Clover’s software has now reached a "tipping point of quality" to drive sustainable, long-term merchant demand, the analyst tells investors in a research note. The firm raised estimates as it sees Clover driving long-term upside for Fiserv.