Citigroup Maintains Neutral on Fiserv, Lowers Price Target to $53
Citigroup analyst Bryan Keane maintains Fiserv (NASDAQ:FISV) with a Neutral and lowers the price target from $57 to $53.
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Klarna Will Be Available On Commerce Hub, Fiserv's Enterprise Commerce Platform
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Cantor Fitzgerald Maintains Neutral on Fiserv, Lowers Price Target to $48
Cantor Fitzgerald analyst Ramsey El-Assal maintains Fiserv (NASDAQ:FISV) with a Neutral and lowers the price target from $53 to $48.
B of A Securities Reinstates Underperform on Fiserv, Announces $48 Price Target
Breakfast News: Week in Review
Tech stocks faced headwinds this week as inflation concerns and rising bond yields pressured AI-related companies like Nvidia and Broadcom. CoreWeave's debt spike to $52 billion with 15% bond yields reignited AI debt bubble fears. Despite strong earnings, TSMC, Johnson & Johnson, and Morgan Stanley all sold off, while JPMorgan rallied on solid lending metrics. Consumer spending signals remain mixed, with JPMorgan seeing strength but Domino's warning of economic headwinds. Rocket Lab delayed Neutron's first flight to 2027 due to manufacturing issues. Valuation concerns persist across tech, with ASML, Atlassian, and Klarna highlighting the importance of entry price.
Klarna Expands Collaboration With TAP Air Portugal To U.S., Spain, France, Italy
https://www.klarna.com/international/press/tap-and-klarnas-partnership-takes-off-flexible-payments-now-available-in-the-us-spain-france-and-italy/
TD Cowen Maintains Hold on Klarna, Lowers Price Target to $16
TD Cowen analyst Moshe Orenbuch maintains Klarna (NYSE:KLAR) with a Hold and lowers the price target from $18 to $16.