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Fiserv price target raised to $60 from $55 at BMO Capital

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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