Fiserv, Inc. (NYSE:FI) is one of the stocks to buy according to billionaire Ray Dalio’s Bridgewater Associates. On October 8, Fiserv, Inc. (NYSE:FI) launched the Roughrider coin in partnership with the Bank of North Dakota. Roughrider is a stablecoin – fully backed by US dollars – and will be available to credit unions and banks in North Dakota starting in 2026. It is also North Dakota’s first stablecoin. Is Fiserv (FI) Among Ray Dalio’s Top 15 Holdings in His Latest 13F Portfolio? The stablecoin will ru ...

Core Insights - The article compiles significant research calls from Wall Street, highlighting upgrades and downgrades of various companies that investors should be aware of [1] Upgrades - BofA upgraded Sea Limited (SE) to Buy from Neutral with a price target of $215, increased from $206, citing strong momentum across its businesses [2] - JPMorgan upgraded Las Vegas Sands (LVS) to Overweight from Neutral with a price target of $60, up from $56, due to a recent pullback in shares and a positive outlook for Singapore [2] - JPMorgan also upgraded PPG (PPG) to Overweight from Neutral, maintaining a price target of $112, believing that PPG's market value has decreased more than its business fundamentals [3] - Seaport Research upgraded TKO Group (TKO) to Buy from Neutral with a price target of $214, becoming more constructive after recent share pullbacks [3] - Wells Fargo upgraded T-Mobile (TMUS) to Overweight from Equal Weight with a price target of $260, up from $250, due to higher expected free cash flow growth and network leadership [4] Downgrades - Bernstein downgraded Lululemon (LULU) to Market Perform from Outperform with a price target of $190, down from $220, citing worsening underlying U.S. trends despite a near-term boost from promotions [5] - TD Cowen downgraded Molina Healthcare (MOH) to Hold from Buy, maintaining a price target of $203, due to potential medical loss ratio pressure from state budget deficits [5] - Deutsche Bank downgraded Fiserv (FI) to Hold from Buy with a price target of $122, down from $175, anticipating a lower 2025 outlook amid deteriorating fundamentals [5] - Rothschild & Co Redburn downgraded Verisk Analytics (VRSK) to Sell from Neutral with a price target of $220, indicating that downside risks are not reflected in the shares [5] - Goldman Sachs downgraded Cricut (CRCT) to Sell from Neutral with a price target of $4.75, down from $5.50, due to limited visibility into sustainable revenue growth beyond 2026 [5]

Investment management company Vulcan Value Partners recently released its third-quarter 2025 investor letter. A copy of the letter can be downloaded here. The third quarter was a good one for the portfolios. The absolute performance was positive across all the strategies, while the relative performance lagged. In the quarter, the Large Cap Composite returned 4.6% net of fees and expenses, the Small Cap Composite returned 4.1% net, the Focus Composite returned 3.7% net, the Focus Plus composite returned 3.7 ...

Fiserv, Inc. (NYSE: FI), a global provider of payments and financial services technology, in partnership with the Bank of North Dakota, announced the Roughrider coin, North Dakota’s stablecoin. Backed by U.S. dollars, the Roughrider coin will reportedly become the first U.S. state stablecoin to launch on the Fiserv digital asset platform.Wyoming recently announced it would issue a state-based stablecoin labeled the Frontier or FRNT.Acknowledging Theodore Roosevelt and his Rough Riders, the Roughrider coin w ...

Milwaukee, Wisconsin-based Fiserv, Inc. (FI) provides payments and financial technology services. Valued at $68.8 billion by market cap, the company provides solutions for customer deposit and loan accounts, digital banking, and financial and risk management. FI also manages card processing, cardless ATM services, and non-card digital payment solutions for financial institutions and corporate clients. The fintech giant is expected to announce its fiscal third-quarter earnings for 2025 before the market ope ...

Bank of North Dakota Taps Fiserv to Launch State-Backed 'Roughrider Coin'► https://t.co/IVhfIoI5uz https://t.co/IVhfIoI5uz ...

Bank of North Dakota, a state-owned bank, partnered with Fiserv to launch a stablecoin.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.Dubbed the Roughrider coin in honor of Theodore Roosevelt and his Rough Riders, ...

The U.S. state of North Dakota is joining the stablecoin trend, with state-owned Bank of North Dakota teaming up with payments infrastructure giant Fiserv (FI) to launch a U.S. dollar-backed token aimed at financial institutions across the state. The token, dubbed "Roughrider Coin," is expected to roll out next year and will run on Fiserv’s digital asset platform and plug into its white-label FIUSD system, a stablecoin network designed for regulated banking environments. The token is aimed to "increase b ...

This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. A South Florida police pension fund and a European-based investment firm want to serve as lead plaintiff in a class-action shareholder lawsuit against Fiserv over the payment behemoth’s Clover unit. The motions last month were filed by the pension fund for police officers in Hollywood, Florida, along with a competing motion from Ethenea Independent Investors SA of ...

Core Insights - UnitedHealth Group, Bristol-Myers Squibb, and Fiserv are attracting significant attention from major investors [1] Company Summaries - UnitedHealth Group (NYSE:UNH) is noted for its strong position in the healthcare sector, appealing to large-scale investors [1] - Bristol-Myers Squibb (NYSE:BMY) continues to be a focal point for investment, indicating confidence in its pharmaceutical offerings [1] - Fiserv (NYSE:FI) is also receiving considerable interest from prominent investors, reflecting its importance in the financial services industry [1]