03:30 PM EDT, 05/15/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

Shares of FI are under pressure today, down nearly 16% after the company indicated that Clover's Q2 volume growth is expected to remain in line with Q1, disappointing investors hoping for a rebound. As a reminder, Q1 GPV was up 8% (vs. 14% in Q4 2024), but Clover revenue increased 27%, which was notable. Volume growth is expected to remain the same due to tough Y/Y comps and continued impacts from customer transitions to the Clover platform. Despite the short-term volume headwinds, we believe FI's fundamental story remains intact and believe Clover is on track to reach its $3.5B revenue target for the year. Revenue growth should be supported by strong momentum in value-added services (25% penetration in Q1), robust hardware sales (new product launches), and expanding international presence into five new countries. Our 12-month target price of $220 (down $20) is 18.5x our 2026 EPS estimate vs. the peer P/E average of 14.8x. We trim our 2025 EPS view by $0.06 to $10.24 and 2026's by $0.08 to $11.89.