BTIG Sticks to Its Buy Rating for Fiserv (FI)

In a report released today, Andrew Harte from BTIG maintained a Buy rating on Fiserv, with a price target of $180.00. The company’s shares opened today at $126.73.

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Harte covers the Technology sector, focusing on stocks such as Bill.com Holdings, Exodus Movement, Inc. Class A, and Par Technology. According to TipRanks, Harte has an average return of 16.8% and a 32.35% success rate on recommended stocks.

Currently, the analyst consensus on Fiserv is a Strong Buy with an average price target of $161.33, which is a 27.30% upside from current levels. In a report released today, Mizuho Securities also maintained a Buy rating on the stock with a $145.00 price target.

Based on Fiserv’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $5.52 billion and a net profit of $1.03 billion. In comparison, last year the company earned a revenue of $5.11 billion and had a net profit of $894 million