Fiserv, Inc. (FI) is currently caught up in multiple lawsuits related to its
Clover payment platform. This unsettling news has led to a slump in the company's growth and a sharp drop in its stock price. Several law firms are urging shareholders who incurred losses to contact them regarding a securities fraud class action. Despite the negativity surround it,
Fiserv has earned new buy recommendations and praise from industry analysts. The company is also expected to grow its earnings in the upcoming quarter.
In spite of its recent troubles, Fiserv continues to stride ahead with its projects. The company announced a strategic relationship with
TD, and intends to acquire
AIB Merchant Services. Among its most notable achievements is the unveiling of its new
FIUSD stablecoin for financial institutions. This move, coupled with stablecoin partnerships with entities like
Mastercard and
PayPal, contributed to a stock rebound.
Expected growth on Wall Street, coupled with forecasts predicting a surge in the company's stock price between $170 and $228, makes
Fiserv a noteworthy player in the technology sector.
Fiserv FI News Analytics from Mon, 21 Apr 2025 07:00:00 GMT to Sat, 02 Aug 2025 21:32:56 GMT -
Rating -1
- Innovation 4
- Information 3
- Rumor -6
