Keybanc Upgrades Fiserv to Overweight, Announces $160 Price Target
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Alex Markgraff has upgraded Fiserv (incorrectly referred to as FI in the article, but correctly traded as FISV on the NYSE) from Sector Weight to Overweight and set a price target of $160.
January 08, 2024 | 9:21 am
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Fiserv has been upgraded by Keybanc from Sector Weight to Overweight with a new price target of $160.
Upgrades by analysts, especially from neutral to overweight, typically suggest a positive outlook on the stock and can lead to increased investor confidence and a potential rise in the stock price in the short term. The announcement of a price target significantly above the current trading price can also act as a positive catalyst.
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