TD Cowen Remains a Hold on Fiserv (FISV)

​Fiserv, Inc. (NASDAQ:FISV) is one of the Most Undervalued Fintech Stocks to Buy Now. On January 12, Bryan Bergin from TD Cowen reiterated a Hold rating on the stock and lowered the firm’s price target from $80 to $77. Earlier, on January 8, Darrin Peller from Wolfe Research also reiterated a Hold rating on the stock without disclosing any price targets.

​TD Cowen noted that the adjusted price target for Fiserv, Inc. (NASDAQ:FISV) reflects the firm’s view of the payments group as part of their Q4 preview. The firm noted that they expect companies in the payment group to start 2026 with strong fundamentals; however, the sentiment remains cautious. Moreover, analysts at TD Cowen also noted that they do not expect upcoming Q4 earnings to be a material catalyst for most of the companies in this group.

That said, on January 8, Fiserv, Inc. (NASDAQ:FISV) announced its collaboration with Microsoft to integrate AI more extensively into the company’s operations. Management noted that the integration is expected to boost internal efficiency and AI-enhanced solutions to clients like banks, businesses, and consumers. This builds on the company’s existing collaboration with Microsoft.

​Fiserv, Inc. (NASDAQ:FISV) works as a global leader in payments and financial technology.

While we acknowledge the potential of FISV to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than FISV and that has 100x upside potential, check out our report about this cheapest AI stock.

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