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Fly News Breaks for June 19, 2019
FDC, FISV
Jun 19, 2019 | 06:38 EDT
Wells Fargo analyst Timothy Willi initiated Fiserv (FISV) with an Outperform rating and $110 target, citing its history of cash generation and potential for double-digit EPS growth. He also sees a solid backdrop with banks increasing spending to elevate their technology and products to better compete and thinks the acquisition of First Data (FDC) brings numerous benefits.
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