Wells Fargo initiated coverage of FIS (FIS) with an Equal Weight rating and $88 price target While FIS delivered an “impressive turnaround” in ‘2024, with accelerating revenue growth and margin expansion, medium term estimates and the stock’s multiple “appear well calibrated,” the analyst tells investors in a research note. Wells struggles to find catalysts for the stock or additional tailwinds that will drive potential upside to consensus estimates.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener