Morgan Stanley Downgrades Fidelity National Info to Equal-Weight, Announces $79 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst James Faucette has downgraded Fidelity National Info (NYSE:FIS) from Overweight to Equal-Weight and set a price target of $79.

July 22, 2024 | 5:24 pm
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Morgan Stanley has downgraded Fidelity National Info from Overweight to Equal-Weight and set a price target of $79.
The downgrade from Overweight to Equal-Weight by a major financial institution like Morgan Stanley is likely to negatively impact investor sentiment and short-term stock price. The new price target of $79 suggests limited upside potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100