Barron’s on Fiserv

Barron’s recently discussed stocks that are well-regarded on Wall Street but haven’t had a good year. That certainly describes Fiserv (FISV). Some analysts are still bullish on the stock.

Fiserv, for example, has been under pressure in part because of its debt load. But RW Baird analyst David Koning wrote in a recent note that Fiserv’s earnings and revenue growth “will likely be about the best it has been in multiple decades” over the next few years as the company chips away at its debt. While risks persist as the company integrates its 2019 acquisition of First Data, Raymond James analyst John Davis sees a company in the midst of a transformation, with a cheap valuation and prospects for earnings growth in the mid teens for the foreseeable future.

Posted by Eddy Elfenbein on November 1st, 2021 at 11:54 am

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