This Analyst Just Slashed His Fiserv Stock Price Target by 55%. Should You Jump Ship Now?

Fiserv (FI) stock suffered its worst trading day ever on Wednesday, plunging 44% after the fintech giant slashed earnings guidance and overhauled its leadership team. The selloff forced Goldman Sachs to downgrade the stock and reduce its price target by 55% to $81. Valued at a market capitalization of $35.4 billion, FI stock is currently priced at $66 and is down 73% from its all-time high. www.barchart.com The payment technology company projected adjusted earnings for 2025 between $8.50 per share and $8 ...