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Bank of America Securities Stick to Their Buy Rating for Fiserv

Published 07/28/2021, 01:35 AM
Updated 07/28/2021, 01:35 AM


Bank of America (NYSE:BAC) Securities analyst Jason Kupferberg maintained a Buy rating on Fiserv (NASDAQ:FISV) on Tuesday, setting a price target of $136, which is approximately 18.59% above the present share price of $114.68.

Kupferberg expects Fiserv to post earnings per share (EPS) of $0.45 for the third quarter of 2021.

The current consensus among 11 TipRanks analysts is for a Strong Buy rating of shares in Fiserv, with an average price target of $144.9.
The analysts price targets range from a high of $160 to a low of $130.

In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $3.76 billion and a net profit of $475 million. The company's market cap is $75.89 billion.

According to TipRanks.com, Bank of America Securities analyst Jason Kupferberg is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 17.0% and a 70.03% success rate.

Fiserv, Inc. is a technology-based financial services company that provides commerce-enabling technology and solutions for financial institutions, merchants, and card issuers. Further, it offers products and services that facilitate electronic payment transactions. Also, the company provides account processing, loan origination and servicing products, item processing and source capture, cash management and consulting services.

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