Fiserv, Inc.

πŸ‡ΊπŸ‡ΈNASDAQ Global Market
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Truist Financial Sticks to Their Hold Rating for Fiserv (FISV)

πŸ“‰ Truist Financial analyst Matthew Coad maintained a "Hold" rating on Fiserv (FISV) with a price target of $64.00.

πŸ’° The company's stock closed at $61.60 on April 29, sitting below the new Truist price target.

πŸ“Š Analyst Matthew Coad has an average return of -8.7% and a 29.73% success rate according to TipRanks data.

πŸ’Ό Coad covers the Technology sector, including peers like Block, Fidelity National Info, and Bill.com Holdings.

πŸ” Street consensus currently favors a Hold rating for Fiserv with an average price target of $73.41.

⬆️ This consensus represents approximately 19.17% upside from current share levels as of the article's publication.

πŸ› BMO Capital initiated coverage on April 27 with a "Market Perform" (Hold) rating and a $65.00 price target.

πŸ“ˆ Fiserv reported quarterly revenue of $5.28 billion for the quarter ending December 31, 2024.

πŸ’Έ Net profit was $811 million in the most recent quarter compared to $938 million last year.

πŸ“‰ Revenue increased slightly from $5.25 billion a year ago despite the dip in net profit margins.

πŸ” Recent analyst activity shows Truist lowered their price target from $65 to $64 for Fiserv.

⚠️ The article notes that the content is syndicated and has not been reviewed or endorsed by the publishing platform.

Bullish Signals
  • The Street generally holds a Hold analyst consensus rating for Fiserv with an average price target of $73.41, representing 19.17% upside from current levels.
  • Based on the latest quarter ending December 31, Fiserv reported quarterly revenue of $5.28 billion, up slightly from $5.25 billion in the same period last year.
Risk Factors
  • Truist Financial analyst Matthew Coad maintained a Hold rating with a price target of $64.00, which is lower than the previous target of $65.
  • Fiserv's latest quarterly net profit of $811 million represents a decline from last year's net profit of $938 million despite revenue growth.
  • BMO Capital initiated coverage with a Hold rating and a price target of $65.00, reinforcing market skepticism about near-term upside.
  • Analyst Matthew Coad has an average return of -8.7% and a 29.73% success rate, suggesting limited track record reliability.
Full Analysis
Truist Financial analyst Matthew Coad reaffirmed his Hold rating on Fiserv (FISV), setting a price target of $64.00 based on the company's financial performance and market conditions. This action occurred after Fiserv shares closed at $61.60, which is below both Truist's specific target and the broader analyst consensus average price target of $73.41, representing approximately 19.17% upside from current levels. Coad noted that his specific target had been lowered from $65 to $64 following Fiserv's latest earnings release for the quarter ending December 31. Fiserv reported quarterly revenue of $5.28 billion and a net profit of $811 million during this period, marking a slight increase in revenue compared to last year's $5.25 billion but representing a decrease in net profit from $938 million a year ago. Beyond Truist, the general street consensus also leans toward a Hold rating, with BMO Capital initiating coverage on April 27 with a similar Market Perform designation and a price target of $65.00. While Truist's analyst has an average return of -8.7% and a 29.73% success rate according to TipRanks data, the broader market sentiment suggests investors remain cautious as the company navigates execution uncertainties during its transition period.