TD Cowen initiated coverage of Fiserv with an Outperform rating and $136 price target. The company offers the most diverse portfolio across fintech and payments, with differentiated assets and broad distribution that support attractive growth and resiliency, the analyst tells investors in a research note. TD Cowen adds that it sees Fiserv as a consistent long-term compounder that is continuing to grow EPS at 15% CAGR.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on FI:
- Fiserv initiated with a Neutral at Monness Crespi
- Fiserv (NYSE:FI) Deepens Partnership Ties with Inspire Brands
- Fiserv price target raised to $146 from $136 at JPMorgan
- Amsterdam based payments processor Adyen falls over 35% amid costs, competition
- Fiserv to repurchase 4,098,935 shares from ValueAct
