Robert W. Baird Believes Fiserv (NASDAQ: FISV) Won’t Stop Here

By Austin Angelo

Robert W. Baird analyst David Koning maintained a Buy rating on Fiserv (NASDAQ: FISV) today and set a price target of $85. The company’s shares closed on Friday at $81.44, close to its 52-week high of $81.87.

According to TipRanks.com, Koning is a top 100 analyst with an average return of 19.7% and a 87.6% success rate. Koning covers the Technology sector, focusing on stocks such as Jack Henry & Associates, Fidelity National Info, and Total System Services.

Currently, the analyst consensus on Fiserv is a Moderate Buy with an average price target of $81.44, a 0.0% upside from current levels. In a report issued on September 19, Argus Research also maintained a Buy rating on the stock with a $90 price target.

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The company has a one-year high of $81.87 and a one-year low of $60.19. Currently, Fiserv has an average volume of 1.58M.

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Fiserv, Inc. engages in the provision of financial services technology. It operates through the Payments and Industry Products and Financial Institution Services segments. The Payments and Industry Products segment offers financial institutions and other companies with the products and services required to process electronic payment transactions.