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Fly News Breaks for January 28, 2016
FIS
Jan 28, 2016 | 09:07 EDT
Baird said they consider FIS a top idea for 2016 and think Q4 results could be good. The firm believes management can use 2016 guidance as an opportunity to set reasonable expectations for the year and get execution back on track, which should help improve investor sentiment and allow the stock to work. Baird reiterated its Outperform rating and $75 price target on FIS shares.
News For FIS From the Last 2 Days
FIS
Apr 16, 2024 | 06:34 EDT
BofA raised the firm's price target on FIS to $84 from $79 and keeps a Buy rating on the shares. Ahead of the company's upcoming Q1 earnings report and investor day, the firm says it is "comfortable" with Q1 estimates it says are "quite achievable, as the newer management team has generally provided conservative guidance." Given its view regarding the achievability of near-term estimates and anticipation of positive messages at the upcoming investor day, the firm raised its target FY25 P/E multiple, the analyst tells investors.
