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Fly News Breaks for November 5, 2015
FIS
Nov 5, 2015 | 09:19 EDT
Stephens analyst Brett Huff said Tuesday's 12% selloff in shares of Fidelity National Information was "partially deserved," given the company's lower than expected revenue growth view, but believes the weakness was overdone, arguing the lowered outlook should have driven perhaps a 3%-5% decline. The analyst lowered his price target on the stock to $80 from $85 but reiterates an Overweight rating on the shares.
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