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Fiserv shares rose 2.4% on strong earnings and revenue, despite downgrades and cautious analyst sentiment.
Fiserv (FISV) shares rose 2.4% to $68.16 on Thursday, fueled by a surge in trading volume and strong quarterly results, including $1.91 earnings per share and $4.32 billion in revenue.
Despite the stock's gain, multiple major firms downgraded the stock or lowered price targets, reflecting cautious sentiment.
Analysts now mostly rate Fiserv as a "hold" with a consensus target of $121.08.
The company's market cap stands at $37.05 billion, and insiders have recently increased their holdings by $2.2 million.
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Las acciones de Fiserv subieron un 2,4% en fuertes ganancias e ingresos, a pesar de las rebajas y la cautelosa confianza de los analistas.