Morgan Stanley has decided to maintain its Equal-Weight rating of Fidelity National Info (NYSE:FIS) and lower its price target from $102.00 to $100.00.
Shares of Fidelity National Info are trading down 2.27% over the last 24 hours, at $92.42 per share.
A move to $100.00 would account for a 8.2% increase from the current share price.
About Fidelity National Info
Fidelity National Information Services' legacy operations provide core and payment processing services to banks, but its business has expanded over time. By acquiring Sungard in 2015, the company now provides record-keeping and other services to investment firms. With the acquisition of Worldpay in 2019, FIS now provides payment processing services for merchants and holds leading positions in the United States and United Kingdom. About a fourth of revenue is generated outside North America.
About Analyst Ratings
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
