Fiserv Inc. (NASDAQ:FISV) received a Hold rating from TD Cowen analyst Bryan Bergin on January 12. The firm lowered its price target for the stock from $80 to $77.
Earlier, on January 8, Wolfe Research analyst Darrin Peller also reiterated a Hold rating on Fiserv. No price target was disclosed in that report.
TD Cowen stated that its adjusted price target was part of a fourth-quarter preview for payments companies. Analysts at the firm said they expect companies in the payments group to begin 2026 with strong fundamentals, but sentiment remains cautious. They do not anticipate that upcoming fourth-quarter earnings will serve as a significant catalyst for most companies in this category.
On January 8, Fiserv announced it is expanding its collaboration with Microsoft to integrate artificial intelligence more extensively into its operations. Company management noted the integration is expected to improve internal efficiency and deliver AI-enhanced solutions to clients, including banks, businesses, and consumers. This initiative builds upon an existing partnership between the two companies.
Fiserv Inc. is a global leader in payments and financial technology.