SunTrust analyst Andrew Jeffrey raised his price target on Fiserv (FISV) to $125 and kept his Buy rating, saying there is "material upside" for the company's earnings and free cash flows. The analyst notes that the stock price features about a 10% EBITDA discount relative to its peer Fidelity National (FIS) that is likely driven by the lagging organic revenue growth of its Global Business Solutions, but he believes that "detractors" are not focusing on the company's superior free cash flows. Jeffrey adds that the two stocks should trade closer to parity because of their comparable long-term organic revenue growth and Fiserve's "more cohesive" capital returns.