Summary of Key Points Core Viewpoint - B. Riley has lowered the price target for Fiserv (FISV) from $105 to $76 while maintaining a Neutral rating on the shares, reflecting a subdued outlook for 2026 due to necessary investments in technology and operations to enhance competitive positioning [1] Group 1: Price Target and Rating - The price target for Fiserv has been reduced to $76 from $105 [1] - B. Riley maintains a Neutral rating on Fiserv shares [1] Group 2: Financial Outlook - The firm's estimates have been adjusted to account for Fiserv's subdued outlook for 2026 [1] - Fiserv is expected to grow below industry averages in terms of operating margins [1] Group 3: Investment Needs - Necessary investments in technology and operations are highlighted as critical for improving Fiserv's competitive position [1]
Fiserv price target lowered to $76 from $105 at B. Riley