Fiserv (FI) has been performing impressively with its shares reaching a new 12-month high. Its Q2 and Q3 earnings surpassed estimates despite a miss in revenues, which seems to not have had a negative impact on its value. The company's Small Business Index has remained steady, further solidifying its stable financial position. Among multiple new positions and increased stock holdings, key investors include Maj Invest Holding A S, Brookstone Capital Management, and Country Trust Bank. The company has also been on the receiving end of an expanded strategic partnership with PayPal to streamline checkout experiences in the U.S. Fiserv's ongoing success has warranted a higher price target from Barclays and ratings such as 'Moderate Buy' from analysts. Fiserv's significant growth and potential have led to speculations of it being ranked among the top fintech stocks for purchasing. The company has also successfully secured a deal with Wells Fargo despite facing an impairment charge, demonstrating resilience amidst challenges.
Fiserv FI News Analytics from Tue, 06 Feb 2024 08:00:00 GMT to Sat, 12 Oct 2024 11:14:03 GMT -
Rating 9
- Innovation 5
- Rumor 2
