Fiserv price target raised to $147 from $137 at TD Cowen

TD Cowen raised the firm’s price target on Fiserv to $147 from $137 and keeps an Outperform rating on the shares. The firm said its 2023 Investor Conference served to reinforce their positive stance on shares as the breadth and quality of its assets, and strength of its management bench with a clear strategy to innovate and integrate are supportive of its ambitious financial targets, which exceeded Street expectations.