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Fly News Breaks for October 31, 2018
FIS
Oct 31, 2018 | 07:38 EDT
Cantor Fitzgerald analyst Joseph Foresi raised his price target for FIS to $122 following the company's Q3 results and maintains an Overweight rating on the name. The analyst believes FIS has the opportunity to accelerate revenue growth, improve margins, and deleverage, which he thinks should have a positive impact on results and multiples.
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