Barclays analyst Ramsey El Assal maintains $Fiserv (FI.US)$ with a buy rating, and adjusts the target price from $215 to $235.
According to TipRanks data, the analyst has a success rate of 55.2% and a total average return of 1.2% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Fiserv (FI.US)$'s main analysts recently are as follows:
Despite indications of a more cautious perspective on consumer behavior from management, an analysis of sub-segment performance suggests the possibility of an acceleration in organic growth within Fiserv's Merchant Solutions in the fourth quarter.
Fiserv has demonstrated the resilience of its growth even amid a decelerating consumer spending climate. The company is able to counterbalance this through the penetration of Value-Added Services (VAS), the broadening of its specialized software portfolio, and its distinctive distribution edge. This is particularly notable as the company plans to introduce Clover to international markets.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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