Fiserv price target raised to $250 from $244 at Tigress Financial

Tigress Financial analyst Ivan Feinseth raised the firm’s price target on Fiserv (FI) to $250 from $244 and keeps a Buy rating on the shares. Fiserv’s “dominant position” in global payments and financial technology “increasingly creates a compelling investment opportunity,” argues the analyst, who views the recent pullback in the stock as “a major buying opportunity.” The firm notes that its raised 12-month price target represents a potential gain of over 55% from current levels.