Reported about 13 hours ago
Fiserv, Inc. (NYSE:FI) has garnered significant interest following its stablecoin announcements, including the launch of its own stablecoin, FIUSD. William Blair reaffirmed its Outperform rating on the company as of June 23, suggesting that while there may be an initial increase in Fiserv's stock price, this is expected to stabilize as the market for stablecoins matures. The firm acknowledges the need for Fiserv to adapt its strategies as the ecosystem develops, viewing its stablecoin introduction positively as a method of maintaining flexibility.
Source: YAHOO