Baird Maintains Neutral on Fidelity National Info, Raises Price Target to $82
Portfolio Pulse from Benzinga Newsdesk
Baird analyst David Koning has maintained a Neutral rating on Fidelity National Information Services (FIS) and increased the price target from $78 to $82.
May 07, 2024 | 11:26 am
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NEUTRAL IMPACT
Baird analyst David Koning maintains a Neutral rating on Fidelity National Information Services (FIS) and raises the price target from $78 to $82.
The adjustment in price target by Baird reflects a positive outlook on FIS's performance, albeit maintaining a Neutral stance suggests that the analyst sees limited upside potential or existing risks that prevent a more bullish rating. The increase in price target could lead to a modest positive sentiment among investors, but the neutral rating tempers expectations for significant short-term price movement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100