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Fly News Breaks for January 12, 2016
FIS
Jan 12, 2016 | 06:41 EDT
Wells Fargo analyst Timothy Willi upgraded FIS to Outperform citing an attractive valuation following the 21% pullback in shares over the past two months. The company's recently completed Sungard acquisition provides strategic benefits and brings increased earnings visibility, Willi tells investors in a research note. He raised his price target range for the stock to $69-$71 from $66-$68.
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