BMO Capital raised the firm’s price target on Fiserv (FISV) to $60 from $55 and keeps a Market Perform rating on the shares. The company’s Investor Day outlined a path back to compounding and predictable growth, underpinned by mid-single-digit revenue growth, structural margin expansion, and disciplined capital return, the analyst tells investors in a research note.
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Read More on FISV:
- Morgan Stanley’s Faucette Reiterates Hold on Balanced Risk-Reward, Keeps $64 Price Target Unchanged
- Andrew Harte Maintains Hold on Fiserv as Long-Term Targets Outpace Consensus but Near-Term Execution and Valuation Keep Risk-Reward Balanced
- Evercore ISI’s Bergin Trims Fiserv Price Target, Stays on Hold Amid Transition and Execution Risks
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