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Why Fiserv Stock Flopped Today


Veteran fintech company (NASDAQ: FISV) was looking a bit haggard on Monday, at least as far as its equity was concerned. Investors traded out of the stock following an analyst's price target cut; at the end of the trading session Fiserv had tumbled by almost 5%.

The man behind that move was B. Riley prognosticator Hal Goetsch, who reduced his Fiserv price target to $69 per share from his preceding level of $72. He maintained his existing recommendation on the stock, which was and is neutral.

Image source: Getty Images.

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Source Fool.com

Fiserv Inc. Stock

€52.18
3.520%
A very strong showing by Fiserv Inc. today, with an increase of €1.77 (3.520%) compared to yesterday's price.
Fiserv Inc. is currently one of the favorites of our community with 8 Buy predictions and no Sell predictions.
As a result the target price of 85 € shows a very positive potential of 62.9% compared to the current price of 52.18 € for Fiserv Inc..
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