Breaking News Instant updates and real-time market news.

FISV

Fiserv

$106.05

0.41 (0.39%)

, FDC

First Data

$0.00

(0.00%)

16:34
10/14/19
10/14
16:34
10/14/19
16:34

Fiserv initiated with a Buy at UBS

UBS analyst Eric Wasserstrom initiated coverage of Fiserv (FISV) with a Buy rating and $120 price target after the company's combination with First Data (FDC) completed this summer. The analyst forecasts the company generating a medium term revenue growth of about 5%-6% vs. the legacy company run-rate of 4.5%-5% and legacy First Data's 4%-6%, saying the the improved growth rate is largely a function of the change in business mix to incorporate First Data's stronger growing segments. Wasserstrom also anticipates expanding operating margins and a return to share buybacks in 2020 for the Fiserv.

FISV

Fiserv

$106.05

0.41 (0.39%)

FDC

First Data

$0.00

(0.00%)

  • 14

    Oct

  • 27

    Oct

FISV Fiserv
$106.05

0.41 (0.39%)

09/11/19
ADAM
09/11/19
INITIATION
Target $130
ADAM
Buy
Canaccord starts Fiserv with Buy rating, $130 price target
Canaccord Genuity analyst Joseph Vafi initiated coverage of Fiserv with a Buy rating and $130 price target. The analyst believes revenue post the merger with First Data, especially in payments, could be material over time. Further, he sees "real strategic opportunity" to more closely integrate legacy Fiserv's bank back-end processing with First Data's payment capability. Fiserv shares offer an attractive risk/reward with an "attractive earnings ramp runway ahead," Vafi tells investors in a research note.
09/12/19
09/12/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Peloton (PTON) initiated with a Neutral at DA Davidson. 2. Uber (UBER) initiated with a Hold due to valuation at Argus. 3. Carvana (CVNA) initiated with a Buy at Needham while CarGurus (CARG) and TrueCar (TRUE) initiated with a Hold. 4. Coupa Software (COUP) and Fiserv (FISV) initiated with a Buy at Canaccord. 5. Arvinas (ARVN) initiated with an Outperform at BMO Capital. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
09/16/19
BARD
09/16/19
NO CHANGE
Target $122
BARD
Outperform
Fiserv designated as a Fresh Pick at Baird
Baird analyst David Koning names Fiserv as a Fresh Pick as he believes its underperformance gives it the potential to be 26-29% higher a year from now. The analyst sees potential for higher earnings and improving leverage. Koning raised his price target to $122 from $112 on Fiserv shares.
10/14/19
UBSW
10/14/19
INITIATION
Target $120
UBSW
Buy
Fiserv initiated with a Buy at UBS
UBS analyst Eric Wasserstrom initiated coverage of Fiserv with a Buy rating and $120 price target.
FDC First Data
$0.00

(0.00%)

06/26/19
NRCS
06/26/19
UPGRADE
Target $108
NRCS
Buy
Northcoast upgrades Fiserv to Buy on confidence in efficiency opportunity
As previously reported, Northcoast analyst Kartik Mehta upgraded Fiserv (FISV) to Buy from Neutral, stating that his talks with a number of industry participants have left him with confidence in the opportunity for the company to drive cost efficiencies via its acquisition of First Data (FDC). Mehta also sees potential for Fiserv to achieve cost savings earlier than anticipated. While he understands investor concern about the outcome of the Bank of America (BAC) and First Data joint venture, Mehta sees a greater likelihood that the ownership structure of the JV remains in its current form or that BofA increases its ownership stake, with minimal risk that the bank dissolves the venture. He set a $108 price target on Fiserv shares.
06/28/19
WELS
06/28/19
NO CHANGE
WELS
Market Perform
Impacts of Bank of America decision manageable for First Data, says Wells Fargo
Wells Fargo analyst Timothy Willi sees three potential outcomes as Bank of America (BAC) reportedly weighs the exit of its joint venture with First Data (FDC). The joint venture can be dissolved, the terms can be renegotiated more favorably for Bank of America, and/or Bank of America can acquire an increased ownership of the venture, Willi tells investors in a research note. The current agreement ends in June 2020 and any party wishing to terminate must give one year notice, the analyst adds. While he believes that each of these scenarios could be an incremental negative for First Data, the analyst thinks the impacts are either "manageable or immaterial" in the context of a combined Fiserv (FISV), First Data. Willi has a Market Perform rating on First Data.
07/15/19
WEDB
07/15/19
NO CHANGE
Target $105
WEDB
Outperform
Fiserv price target raised to $105 from $95 at Wedbush
Wedbush analyst Moshe Katri raised his price target for Fiserv (FISV) to $105 from $95, assuming the stock can trade at an implied multiple of 21-times earnings power of $5. The analyst reiterates an Outperform rating on the shares, citing multiple positives, including First Data (FDC)-related revenue/ cost synergies, as well as potential strategic benefits from creating a 2-sided platform serving merchants and FIs.
07/31/19
BREN
07/31/19
INITIATION
Target $121
BREN
Buy
Fiserv initiated with a Buy at Berenberg
Berenberg analyst Tej Sthankiya initiated Fiserv (FISV) with a Buy rating and a price target of $121, saying its acquisition of First Data (FDC) announced earlier this month "transforms" its services to commercial banks and credit unions. The analyst believes that the deal will allow Fiserv to offer a "significant" scale advantage and "deep integration" through its core platform.

TODAY'S FREE FLY STORIES

FB

Facebook

$199.02

0.32 (0.16%)

14:39
12/05/19
12/05
14:39
12/05/19
14:39
Periodicals
Facebook sues Hong Kong's ILikeAd over claims of ad fraud, Reuters reports »

Facebook is suing a Hong…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 09

    Dec

NWE

NorthWestern

$71.86

0.11 (0.15%)

14:32
12/05/19
12/05
14:32
12/05/19
14:32
Hot Stocks
NorthWestern has new coal supply agreement for Colstrip »

NorthWestern Energy has…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

SSREY

Swiss Re

$0.00

(0.00%)

, PNXGF

Phoenix Group

$0.00

(0.00%)

14:31
12/05/19
12/05
14:31
12/05/19
14:31
Periodicals
Breaking Periodicals news story on Swiss Re, Phoenix Group »

Phoenix Group in talks to…

SSREY

Swiss Re

$0.00

(0.00%)

PNXGF

Phoenix Group

$0.00

(0.00%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

14:17
12/05/19
12/05
14:17
12/05/19
14:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

$NYE

NYSE Market Internals

$0.00

(0.00%)

14:16
12/05/19
12/05
14:16
12/05/19
14:16
Technical Analysis
NYSE market internals summary »

Volume is average for…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

XLNX

Xilinx

$90.26

0.095 (0.11%)

, ADI

Analog Devices

$113.87

-0.03 (-0.03%)

14:13
12/05/19
12/05
14:13
12/05/19
14:13
Hot Stocks
Xilinx says will 'vigorously defend' self against Analog Devices patent suit »

Xilinx, Inc. (XLNX)…

XLNX

Xilinx

$90.26

0.095 (0.11%)

ADI

Analog Devices

$113.87

-0.03 (-0.03%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 06

    Jan

  • 28

    Jan

PYPL

PayPal

$104.52

-0.46 (-0.44%)

14:07
12/05/19
12/05
14:07
12/05/19
14:07
Periodicals
Breaking Periodicals news story on PayPal »

Hedgeye names PayPal a…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 10

    Dec

  • 11

    Dec

ALXN

Alexion

$107.06

-8.43 (-7.30%)

, REGN

Regeneron

$369.33

-0.67 (-0.18%)

14:03
12/05/19
12/05
14:03
12/05/19
14:03
Recommendations
Alexion, Regeneron analyst commentary  »

Piper Jaffray a buyer of…

ALXN

Alexion

$107.06

-8.43 (-7.30%)

REGN

Regeneron

$369.33

-0.67 (-0.18%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 07

    Dec

  • 16

    Dec

CCEP

Coca-Cola European Partners

$50.07

-0.75 (-1.48%)

13:57
12/05/19
12/05
13:57
12/05/19
13:57
Periodicals
Einride to launch electric pod pilot with Coca-Cola European Partners, TC says »

Darrell Etherington of…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

GOOG

Alphabet

$1,320.51

-0.95 (-0.07%)

13:37
12/05/19
12/05
13:37
12/05/19
13:37
Periodicals
Spain moving forward with 'Google tax' despite U.S. disappointment, El Pais says »

Spain is moving forward…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 09

    Dec

WEC

WEC Energy

$89.00

-0.07 (-0.08%)

13:32
12/05/19
12/05
13:32
12/05/19
13:32
Earnings
Breaking Earnings news story on WEC Energy »

WEC Energy sees FY20 EPS…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

WEC

WEC Energy

$88.97

-0.1 (-0.11%)

13:31
12/05/19
12/05
13:31
12/05/19
13:31
Hot Stocks
WEC Energy plans to raise quarterly dividend to 63.25c per share »

The board of directors of…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

TECK

Teck Resources

$15.77

-0.05 (-0.32%)

13:31
12/05/19
12/05
13:31
12/05/19
13:31
Hot Stocks
Teck announces new collective agreement at Carmen de Andacollo operations »

Teck Resourcesannounced…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 21

    Feb

BIIB

Biogen

$298.44

9.09 (3.14%)

13:28
12/05/19
12/05
13:28
12/05/19
13:28
Recommendations
Biogen analyst commentary  »

Biogen doctor panel…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 05

    Dec

  • 05

    Dec

  • 05

    Dec

AAPL

Apple

$264.33

2.55 (0.97%)

13:28
12/05/19
12/05
13:28
12/05/19
13:28
Periodicals
Noted Apple analyst Kuo sees 2021 iPhone without lightning port, 9To5 Mac says »

Apple analyst Ming-Chi…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

13:25
12/05/19
12/05
13:25
12/05/19
13:25
General news
Treasury Action: the markets have gone into a holding pattern »

Treasury Action: the…

13:25
12/05/19
12/05
13:25
12/05/19
13:25
Conference/Events
BTIG healthcare/biotech analysts to hold an analyst/industry conference call »

Analysts discuss the…

13:25
12/05/19
12/05
13:25
12/05/19
13:25
Conference/Events
Wolfe Research tech strategist to hold analyst/industry webcast »

Tech Strategist…

13:25
12/05/19
12/05
13:25
12/05/19
13:25
Conference/Events
House Financial Services Committee to hold a hearing »

The Subcommittee on…

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

13:17
12/05/19
12/05
13:17
12/05/19
13:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

BA

Boeing

$346.35

-2.54 (-0.73%)

13:17
12/05/19
12/05
13:17
12/05/19
13:17
Periodicals
Boeing to SEC: Doesn't see 737 MAX cancellations impacting revenue, Reuters says »

In a letter to the SEC…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

$NYE

NYSE Market Internals

$0.00

(0.00%)

13:16
12/05/19
12/05
13:16
12/05/19
13:16
Technical Analysis
NYSE market internals summary »

Volume is below average…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

SPY

SPDR S&P 500 ETF Trust

$311.24

-0.23 (-0.07%)

, SPX

S&P 500

$0.00

(0.00%)

13:12
12/05/19
12/05
13:12
12/05/19
13:12
General news
Mnuchin says U.S and China trade talks 'on track' after Thursday call »

U.S. Treasury Secretary…

SPY

SPDR S&P 500 ETF Trust

$311.24

-0.23 (-0.07%)

SPX

S&P 500

$0.00

(0.00%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

PRSC

Providence Service

$57.58

-0.39 (-0.67%)

13:06
12/05/19
12/05
13:06
12/05/19
13:06
Hot Stocks
LogistiCare to provide NEMT brokerage services to certain CCO members »

PacificSource Community…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

BIIB

Biogen

$298.02

8.67 (3.00%)

13:06
12/05/19
12/05
13:06
12/05/19
13:06
Recommendations
Biogen analyst commentary  »

Stifel still sees lower…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 05

    Dec

  • 05

    Dec

  • 05

    Dec

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.