Fiserv FI, a leading player in digital currencies and payments has demonstrated significant market growth with its stock price target being raised to $258 by Morgan Stanley. Regardless of insiders' sales, the company witnessed a surge of 5.7% in shopping week sales during Thanksgiving, indicating a robust earnings outlook. The Q3 earnings surpassed estimates, despite these being no significant fundamental changes. Analyses from both Oppenheimer and KeyCorp forecast positive growth for Fiserv. The impressive growth stock has rewarded investors with a return of 120% over the last three years. Fiserv has also improved its reach in the fast-developing embedded finance and Pay-by-Bank sector and ranked No. 1 in IDC FinTech Rankings for the second consecutive year. The collaboration with ADP to empower small businesses recorded an 87% market demand. Despite CEO's nomination to head Social Security Administration, the prediction for Fiserv's further growth is robust and it remains a top pick among Goldman Sachs Fund managers.
Fiserv FI News Analytics from Fri, 19 Jul 2024 07:00:00 GMT to Sat, 21 Dec 2024 11:00:31 GMT -
Rating 9
- Innovation 8
- Information 6
- Rumor 4
