New Buy Rating for Fiserv (FISV), the Technology Giant

In a report released yesterday, Sean Horgan from Rosenblatt Securities maintained a Buy rating on Fiserv (FISVResearch Report), with a price target of $127.00. The company’s shares closed last Tuesday at $99.54.

According to TipRanks.com, Horgan has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -6.6% and a 41.0% success rate. Horgan covers the Technology sector, focusing on stocks such as Fidelity National Info, Robinhood Markets, and Tradeweb Markets.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fiserv with a $131.00 average price target, a 31.4% upside from current levels. In a report issued on January 26, Citigroup also maintained a Buy rating on the stock with a $126.00 price target.

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The company has a one-year high of $127.34 and a one-year low of $92.06. Currently, Fiserv has an average volume of 4.22M.

Based on the recent corporate insider activity of 88 insiders, corporate insider sentiment is neutral on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Fiserv, Inc. is a technology-based financial services company that provides commerce-enabling technology and solutions for financial institutions, merchants, and card issuers. Further, it offers products and services that facilitate electronic payment transactions. Also, the company provides account processing, loan origination and servicing products, item processing and source capture, cash management and consulting services.

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