Argus Research Maintains a Buy Rating on Fiserv (FI)

​Fiserv, Inc. (NYSE:FI) is one of the Best Beaten Down Growth Stocks to Buy According to Analysts. On October 30, Stephen Biggar from Argus Research reiterated a Hold rating on ​Fiserv, Inc. (NYSE:FI) without disclosing any price target.

The analyst noted that the company has lowered the EPS guidance for 2025 significantly. Moreover, he also noted that the company needs to reset its margin and growth targets after its decision to defer investments in the business. Biggar believes that the company needs to rebuild confidence in the company’s growth prospects to ensure that the stock price recovers.

Earlier on October 24, Andrew Harte from BTIG reiterated a Buy rating on Fiserv, Inc. (NYSE:FI) with a price target of $180.

​Moreover, on October 22, Andrew Bauch from Wells Fargo also initiated a Hold rating on the stock with a price target of $130. The analyst noted that started coverage on 20 stocks in the payments and processors, and IT services industry.

Bauch believes that the payments sector has suffered due to the rotation to AI-centric stocks, along with below-average execution from many companies. However, he still remains optimistic about the payments sector and noted that too many companies in the space have been painted with the same brush.

​Fiserv, Inc. (NYSE:FI) is a leading fintech company that provides a range of solutions to help businesses process and manage payments and transactions. The company operates through two main business segments, namely Merchant Solutions and Financial Solutions.

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Disclosure: None. This article is originally published at Insider Monkey.