FIS price target raised to $103 from $88 at Susquehanna

Susquehanna analyst James Friedman raised the firm’s price target on FIS (FIS) to $103 from $88 and keeps a Positive rating on the shares. The firm said it was a somewhat uneven Q3, with Capital Markets upside offsetting uneven Banking and very strong EPS. With an attractive, multi- year setup, they remain Positive rated, and raise estimates and target.