Truist Securities Affirms 'Buy' Rating on Fiserv (FI), Cuts Price Target

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. (NYSE:FI) 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.

While we acknowledge the potential of FI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: Top 10 Medical AI Companies to Buy According to Analysts and 10 Best Rare Earth Stocks to Buy Now.

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