Barclays Maintains Overweight on Fidelity National Info, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Ramsey El-Assal has maintained an Overweight rating on Fidelity National Information Services (FIS) and increased the price target from $83 to $85.
May 09, 2024 | 3:10 pm
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POSITIVE IMPACT
Barclays has maintained an Overweight rating on FIS and raised the price target from $83 to $85.
The increase in price target by a reputable analyst like Ramsey El-Assal suggests a positive outlook on FIS's financial performance and growth prospects. This endorsement is likely to instill confidence among investors, potentially leading to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100