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Fly News Breaks for February 5, 2020
FISV
Feb 5, 2020 | 08:50 EDT
Wells Fargo analyst Timothy Willi raised his price target for Fiserv to $146 from $120 following quarterly results. The analyst notes that while shares will likely pull back on what the Street may view as a slightly soft revenue quarter, he looks at any pullback as an opportunity to add to positions given the visibility into EPS growth for 2020/2021 and what he still believes is an attractive risk/adjusted valuation. Willi has an Overweight rating on the shares.
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