Fiserv price target raised to $244 from $190 at Tigress Financial

Tigress Financial analyst Ivan Feinseth raised the firm’s price target on Fiserv (FI) to $244 from $190 and keeps a Buy rating on the shares. The company continues to benefit from the ongoing digital payment transformation and increasing adoption of digital transaction solutions across financial and retail enterprise and consumer services, the analyst tells investors in a research note. In addition, the firm says Fiserv is further enhancing shareholder returns with ongoing share repurchases.