Calls of the Day: Regeneron, Booking Holdings, General Dynamics and Fiserv

Stock Picks & Price Targets - Wolf Research's top pick for 2026 is Regeneron, with a price target of $800 [1] - BTIG calls Booking Holdings a top pick with a new price target of $6,250 [3] - General Dynamics is a top defense pick at Wolf Research, with a target of $400 [4] - Mizuho reiterates its outperform rating for Fiserv with a price target of $110 [6] Company Performance & Valuation - Regeneron trades at 161.5% times earnings and has a 5% free cash flow yield [2] - Regeneron has 20% earnings growth, but shares are down 1% this year [2] - Fiserv's stock is down 68% year-to-date [6] - Fiserv could potentially double from its current price of $66 if Mizuho's price target is correct [6][7] - Fiserv has an 11% free cash flow yield [8] Industry Trends & Opportunities - Consumer spending is strong enough to support the travel industry [4] - US defense spending prioritizes naval assets, benefiting General Dynamics in the South China Sea [5][6] Challenges & Risks - Fiserv faces a credibility problem due to issues with sales to Argentina [9][10] - Fiserv has had four consecutive quarters of significant declines post earnings [14]