Fiserv Faces Critical Week as Analyst Target Slashed and Legal Deadline Looms

The new year begins under a cloud for Fiserv, with the payments processor confronting a severe analyst downgrade and mounting legal pressures. While Tigress Financial maintains its formal “Buy” rating, the firm’s drastic reduction of its price target speaks volumes about the shaken confidence following a disastrous period for the stock.

Despite the turbulence, Fiserv is pushing forward with operational changes. The company finalized its acquisition of StoneCastle Cash Management on December 17, a move designed to bolster its position in the insured deposits sector and provide enhanced liquidity solutions within the current high-interest-rate environment.

Concurrently, management is betting on artificial intelligence. In late December, Fiserv announced expanded partnerships Read more...