Morgan Stanley Maintains Overweight on Fidelity National Info, Raises Price Target to $77
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst James Faucette has maintained an Overweight rating on Fidelity National Information Services (FIS) and increased the price target from $73 to $77.
February 27, 2024 | 3:59 pm
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POSITIVE IMPACT
Morgan Stanley has reaffirmed its Overweight rating on Fidelity National Information Services and raised its price target from $73 to $77.
The upgrade in the price target by a reputable analyst like James Faucette from Morgan Stanley is a strong positive signal for FIS. It suggests confidence in the company's future performance and growth prospects, likely leading to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100