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Stock impact report

Fiserv (FISV) Stock Trades Down, Here Is Why [Yahoo! Finance]

Fiserv, Inc. (FISV) 
Last fiserv, inc. earnings: 2/4 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.fiserv.com
Company Research Source: Yahoo! Finance
the stock and Wells Fargo lowered its price target, signaling concerns about the company's growth prospects. The downgrade from Raymond James moved Fiserv's rating to 'Market Perform' from 'Outperform.' The analyst cited worries that the stock was appropriately valued given a significant slowdown in organic growth. The firm also expressed a lack of confidence that near-term challenges in both its Financial Services and Clover units were temporary, pointing to a tougher competitive landscape. Compounding the negative sentiment, Wells Fargo also cut its price target on the stock to $62 from $72, though it maintained its 'Equal-Weight' rating. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Fiserv? Access our full analysis report here, it's free What Is The Market Telling Us Fiserv's shares are somewhat volatile and have had 11 moves greater than 5% over the last year. In that context, toda Show less Read more
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