Argus downgraded Fiserv (FI) to Hold from Buy. Along with the results, Fiserv significantly lowered EPS guidance for 2025, noting that growth and margin targets need to be reset after decisions to defer investments in the business limited its ability to execute product launches, the analyst tells investors in a research note. The prior short-term focus on margins is disappointing, and we believe considerable confidence will need to be rebuilt in the company’s growth story before the shares can recover, Argus argues.
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