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Fly News Breaks for July 25, 2019
FIS
Jul 25, 2019 | 06:52 EDT
Goldman Sachs analyst James Schneider reinstated coverage of FIS with a Buy rating and $154 price target. The company is positioned to accelerate revenue growth while achieving substantial margin expansion following the acquisition of Worldpay, Schneider tells investors in a research note. FIS's "superior" competitive positioning with a "best-in-class" suite of payments solutions should "modestly" accelerate revenue growth, says the analyst.
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