Fiserv price target raised to $260 from $233 at BMO Capital

BMO Capital raised the firm’s price target on Fiserv (FI) to $260 from $233 and keeps an Outperform rating on the shares. The company reported a strong Q4 and better-than-expected adjusted revenue growth guidance for 2025, with accelerating growth at Clover, and the firm expects lingering concerns over the strategic direction of Fiserv under new leadership to largely dissipate, the analyst tells investors in a research note.