Fiserv, Inc. (NYSE:FI) is one of the best depressed stocks to buy in 2025. On July 29, Truist Securities reiterated a ‘Buy’ rating on the stock but cut its price target to $170 from $185. The adjustment follows the company’s second-quarter earnings and reflects a lower price-to-earnings multiple of 15x to Truist Securities’ 2026 adjusted earnings per share.
The price target adjustment comes as Fiserv shares have declined 32% year to date. Truist Securities attributes 1% of the decline to negative earnings-per-share revisions. It also attributes the sell-off to multiple compressions following the deceleration of volume growth in the Clover business.
Nevertheless, Truist Securities is confident about Fiserv’s Clover business, which serves small and medium-sized companies and touts it as a crown jewel. Consequently, its forecasts align with Wall Street and management guidance.
Fiserv, Inc. is a global provider of financial technology and payments solutions, focusing on moving money and information. It offers a wide range of services to financial institutions, businesses, and consumers, including payment processing, digital banking, and merchant solutions.
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This article is originally published at Insider Monkey.
