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RBC Capital Keeps Their Buy Rating on Fiserv (FISV)

Tipranks - Tipranks - Wed Mar 18, 8:54PM CDT

In a report released on March 16, Daniel Perlin from RBC Capital maintained a Buy rating on Fiserv, with a price target of $85.00. The company’s shares closed yesterday at $57.57.

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According to TipRanks, Perlin is an analyst with an average return of -12.1% and a 33.20% success rate. Perlin covers the Technology sector, focusing on stocks such as Wealthfront Corporation, Broadridge Financial Solutions, and Fidelity National Info.

In addition to RBC Capital, Fiserv also received a Buy from Mizuho Securities’s Dan Dolev in a report issued on March 11. However, on the same day, Cantor Fitzgerald maintained a Hold rating on Fiserv (NASDAQ: FISV).

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Based on Fiserv’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $5.28 billion and a net profit of $811 million. In comparison, last year the company earned a revenue of $5.25 billion and had a net profit of $938 million

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