Keefe Bruyette analyst Vasundhara Govil lowered the firm’s price target on FIS (FIS) to $92 from $102 and keeps an Outperform rating on the shares. The stock selloff is overdone, but is now a “show-me” story, the analyst tells investors in a research note.
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Read More on FIS:
- FIS price target lowered to $80 from $88 at Baird
- FIS price target lowered to $90 from $100 at Stephens
- Cautious Hold Rating for Fidelity National Info Amid Valuation Reflection and Banking Segment Uncertainty
- Susquehanna downgrades FIS to Neutral on lack of growth
- FIS price target lowered to $80 from $88 at Wells Fargo