Fiserv (FI): New Buy Recommendation for This Technology Giant
Roth MKM analyst maintained a Buy rating on Fiserv today and set a price target of $91.00. The company’s shares closed yesterday at $70.60.
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Fiserv has an analyst consensus of Moderate Buy, with a price target consensus of $117.57, implying a 66.53% upside from current levels. In a report released today, J.P. Morgan also maintained a Buy rating on the stock with a $85.00 price target.
Based on Fiserv’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $5.26 billion and a net profit of $792 million. In comparison, last year the company earned a revenue of $5.22 billion and had a net profit of $564 million
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