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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

€44.30
-2.210%
We can see a decrease in the price for Fiserv Inc.. Compared to yesterday it has lost -€1.000 (-2.210%).
With 12 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
With a target price of 76 € there is a hugely positive potential of 71.56% for Fiserv Inc. compared to the current price of 44.3 €.
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