Fiserv price target raised to $195 from $160 at Jefferies

Jefferies analyst Trevor Williams raised the firm’s price target on Fiserv to $195 from $160 and keeps a Hold rating on the shares. The firm, which notes that its Q3 EPS estimate is in-line, but that it sees potential upside on the buyback, tells investors in a preview that “if Clover and EPS are all that matter, set up is fine despite risk of another Merchant miss.”