Morgan Stanley Upgrades Fiserv to Overweight, Raises Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has upgraded Fiserv (NYSE:FI) from Equal-Weight to Overweight and raised the price target from $154 to $175.
July 22, 2024 | 11:13 am
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POSITIVE IMPACT
Morgan Stanley has upgraded Fiserv from Equal-Weight to Overweight and increased the price target from $154 to $175, indicating a positive outlook for the stock.
The upgrade from Equal-Weight to Overweight by a major financial institution like Morgan Stanley, along with a significant increase in the price target, suggests strong confidence in Fiserv's future performance. This is likely to attract more investors and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100