Raymond James Maintains Strong Buy on Fidelity National Info, Lowers Price Target to $71
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst John Davis maintains a Strong Buy rating on Fidelity National Info (FIS), but has lowered the price target from $79 to $71.
November 08, 2023 | 1:33 pm
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NEUTRAL IMPACT
Fidelity National Info's price target has been lowered from $79 to $71 by Raymond James, though the Strong Buy rating is maintained.
The news is directly about FIS and is likely to impact its stock. While the lowering of the price target might be seen as a negative, the maintenance of the Strong Buy rating indicates that the analyst still sees significant potential in the stock. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100