Neutral On Fiserv
By:
DailyMarkets.com
Posted on March 19, 2012 at 12:06 PM EDT
Year 2011 ended with an impressive revenue growth and buy-back activities. However, we continue to maintain a Neutral stance on Fiserv Inc. (NASDAQ:FISV). ZashPay and Mobile Money continue to fuel recurring revenues for Fiserv as it gets ready for 2012. The company has been privileged enough to accrue gains from a high customer retention ratio [...]
Year 2011 ended with an impressive revenue growth and buy-back activities. However, we continue to maintain a Neutral stance on Fiserv Inc. (NASDAQ:FISV).
ZashPay and Mobile Money continue to fuel recurring revenues for Fiserv as it gets ready for 2012. The company has been privileged enough to accrue gains from a high customer retention ratio which bolsters long-term stability in its dealings with the outside market.
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