Fiserv Inc
FI: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$655.00 | Nyjvv | Srrqsdpg |
Fiserv Maintains Strong Growth in Third Quarter
Narrow-moat Fiserv continued to enjoy strong growth and margin improvement in the third quarter. Overall year-over-year organic revenue growth for the quarter was 11%, a slight reduction from the previous quarter but still at a level that is better than our long-term expectations. We will maintain our $129 per share fair value estimate, and we continue to see the shares as undervalued.