Reported 2 days ago
Truist Securities has reaffirmed a 'Buy' rating on Fiserv (FI) but has adjusted its price target from $185 to $170 after Fiserv's second-quarter earnings report. The stock has seen a 32% decline year-to-date, attributed partly to negative earnings-per-share revisions and slowed growth in the Clover business. Despite this decline, Truist remains optimistic about Fiserv's prospects, particularly in its Clover segment, which supports small to medium-sized businesses.
Source: YAHOO