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Fly News Breaks for September 3, 2019
FISV
Sep 3, 2019 | 09:01 EDT
Atlantic Equities analyst Kunaal Malde initiated Fiserv (FISV) with a Neutral rating, stating that he believes cost synergies and revenue opportunities should support mid-teens EPS growth following its deal for First Data. However, Malde prefers FIS (FIS), which he started at Overweight, given he thinks it has more compelling revenue synergy opportunities and a slightly higher EPS growth profile in the medium-term. He set a $131 price target on Fiserv shares.
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