Mizuho Lowers Fiserv (FI) Price Target, Expects Stronger 2025 Performance
Mizuho lowered its price target for Fiserv, Inc. (FI) from $200 to $194, citing lowered expectations for the Clover payment processing platform. Second-quarter volume growth estimates were adjusted from 9% to 8%. For 2025, Clover growth estimate was reduced from 11% to 9%, but still represents double-digit growth. Mizuho expects a stronger performance in the second half of 2025 for FI, with second-quarter performance similar to the first quarter. Despite adjustments, analysts are confident in FI’s ability to achieve growth targets. Fiserv, Inc. offers fintech and payment solutions for banking, commerce, billing, and more.
Read more at Yahoo Finance: Mizuho Lowers Fiserv (FI) Price Target, Keeps Outperform Rating
