Goldman Sachs and Bernstein Assess Fiserv Inc. (FISV) Following CEO Transition

Fiserv Inc. (NASDAQ:FISV) ranks among the best fintech stocks to buy as digital payments volume surges. On June 16, Goldman Sachs analyst Will Nance reiterated a Hold rating on Fiserv Inc. (NASDAQ:FISV) with a price objective of $70. The abrupt CEO shift, with Mike Lyons resigning and Takis Georgakopoulos taking over, adds uncertainty, especially for the banking-focused financial solutions division, just as management is expected to produce stronger revenue growth in the latter half of the year.

That said, Nance recognizes Georgakopoulos' extensive payments experience and sees that Fiserv Inc. (NASDAQ:FISV) has begun to solve challenges in financial solutions through improved service, focused hiring, and strategic acquisitions.

In a similar vein, Bernstein maintained a Hold rating on Fiserv Inc. (NASDAQ:FISV) and set a price objective of $76. According to the firm, Takis Georgakopoulos' hiring as CEO provides some consistency, particularly in Merchant Solutions and the broader One Fiserv plan, where he already demonstrated early improvements in customer satisfaction and shifting plans for Fiserv/Clover in SMB surveys.

Fiserv Inc. (NASDAQ:FISV) offers fintech solutions, such as account processing, digital commerce, fraud prevention, and payments, to segments such as financial institutions and merchants.

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