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Investing.com - UBS has reiterated its Buy rating on Fiserv (NYSE:FI) with a price target of $170.00 following the company’s Forum 2025 Client Conference in Las Vegas. Currently trading at $128.93, significantly below its 52-week high of $238.59, InvestingPro analysis suggests the stock is undervalued, with analysts maintaining a strong buy consensus.
The investment firm highlighted Fiserv’s expansion strategies, including its move into healthcare with Rectangle Health and its acquisition of StoneCastle Cash Management to enable institutions to custody cash.
UBS noted Fiserv’s growth initiatives through existing offerings, including XD online digital banking migrations, core banking consolidation from 16 cores to 5, and Clover bank partner growth.
The report detailed Fiserv’s merchant segment developments, specifically focusing on orchestration, value-added services, and agentic commerce capabilities.
Additional areas of interest mentioned by UBS included Fiserv’s merchant referral program, data monetization efforts with Equifax, and the company’s PracticePay solution developed in partnership with Rectangle Health for the bank referral channel.
In other recent news, Fiserv, Inc. announced the introduction of Content Next, a cloud-based content management and workflow solution developed in partnership with OpenText. This platform is designed to modernize operations for financial institutions through automation and AI-enabled functionality. Additionally, Fiserv has signed a definitive agreement to acquire StoneCastle Cash Management, aiming to enhance deposit funding for community banks and credit unions. The company also completed the acquisition of the remaining 49.9% stake in AIB Merchant Services, securing full ownership of the joint venture with AIB Group to strengthen its position in the European market.
Fiserv further expanded its capabilities by acquiring Smith Consulting Group, a consulting service for community banks and credit unions, and CardFree, a platform that enhances hospitality payment solutions. The acquisition of CardFree will bolster Fiserv’s Clover point-of-sale system with new features like drive-through software and kiosk enablement. These strategic moves reflect Fiserv’s ongoing efforts to broaden its service offerings and solidify its market presence.
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