Fiserv Inc. (NASDAQ:FISV) is one of the 10 Best 52-Week Low Technology Stocks to Buy According to ******* ysts. On June 16, Truist Financial ******* yst Matthew Coad reiterated a Hold rating on Fiserv Inc. (NASDAQ:FISV) without ******* igning a price target. However, earlier, on May 29, the ******* yst had lowered the firm's price target on the stock from $64 to $58 following the company's first-quarter earnings report. After reviewing Q1 results, the firm updated its financial model and lowered its short-term revenue outlook. Moreover, Truist also revised its full-year forecasts downward, though the adjustments were less significant than those made to its short-term expectations.
The ******* ysts said that the revised outlook reflects the impact of non-recurring hardware revenue in the merchant solutions segment. The revenue provided a temporary benefit to earnings and is not expected to continue.
On a more bearish note, BNP Paribas ******* yst Thomas Poutrieux downgraded Fiserv Inc. (NASDAQ:FISV) to an Underperform rating from the previous Neutral rating on June 5. The ******* yst ******* igned a target price of $46 to the stock. CNN's compilation of ******* yst price targets suggests that FISV has a median price target of $65, which is well above the firm's ******* igned price target of $46. The median price target reflects a further 35.81% upside from the current levels.
Fiserv Inc. (NASDAQ:FISV) offers fintech solutions, such as account processing, digital commerce, fraud prevention, and payments, to segments such as financial institutions and merchants.
While we acknowledge the potential of FISV as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
The ******* ysts said that the revised outlook reflects the impact of non-recurring hardware revenue in the merchant solutions segment. The revenue provided a temporary benefit to earnings and is not expected to continue.
On a more bearish note, BNP Paribas ******* yst Thomas Poutrieux downgraded Fiserv Inc. (NASDAQ:FISV) to an Underperform rating from the previous Neutral rating on June 5. The ******* yst ******* igned a target price of $46 to the stock. CNN's compilation of ******* yst price targets suggests that FISV has a median price target of $65, which is well above the firm's ******* igned price target of $46. The median price target reflects a further 35.81% upside from the current levels.
Fiserv Inc. (NASDAQ:FISV) offers fintech solutions, such as account processing, digital commerce, fraud prevention, and payments, to segments such as financial institutions and merchants.
While we acknowledge the potential of FISV as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
3 months ago
