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Why Fiserv Stock Is Sinking Today


(NASDAQ: FISV) stock is losing ground in Tuesday's trading. The company's share price was down 9.5% as of 2:30 p.m. ET despite the S 500 being up 0.9% at the same point in the daily trading sessions and the Nasdaq Composite being up 1.1%.

Fiserv published its first-quarter results before the market opened this morning and reported earnings that were significantly better than Wall Street's expectations. On the other hand, sales for the period came in softer than anticipated.

Image source: Getty Images.

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Source Fool.com

Fiserv Inc. Stock

€48.50
1.150%
There is an upward development for Fiserv Inc. compared to yesterday, with an increase of €0.55 (1.150%).
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 56.7% for Fiserv Inc. compared to the current price of 48.5 €.
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