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Fiserv, Inc. (FISV) provides financial services technology worldwide.
The companys Payments and Industry Products segment provides debit, credit, and prepaid card processing and services; electronic bill payment and presentment services; Internet and mobile banking software and services; person-to-person payment services; and other electronic payments software and services. This segment also offers card and print personalization services; investment account processing services for separately managed accounts; and fraud and risk management products and services.
Its Financial Institution Services segment provides account processing services, item processing and source capture services, loan origination and servicing products, cash management and consulting services, and other products and services that support various types of financial transactions. The company also offers document and payment card production and distribution, check processing and imaging, source capture systems, and lending and risk management products and services.
It primarily serves banks, thrifts, credit unions, investment management firms, leasing and finance companies, retailers, and merchants.
Shares have formed a bullish "cup and handle" and higher share prices are expected for this stock. The firm reports on October 27th.
52-Weeks Trading Range: $62.25 - $92.76
Entry Point: $92.60
Stop Loss: $87.80
Target Price: $101.90
FISV closed at $96.83 after its 30 days expired.
