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Fly News Breaks for September 16, 2019
FIS
Sep 16, 2019 | 08:19 EDT
Baird analyst David Koning names FIS as a Fresh Pick as he believes its underperformance gives it the potential to be 26-29% higher a year from now. The analyst sees potential for higher earnings and improving leverage. Koning raised his price target to $158 from $145 on FIS shares.
News For FIS From the Last 2 Days
FIS
Mar 26, 2024 | 08:09 EDT
Evercore ISI analyst David Togut raised the firm's price target on FIS to $62 from $58 and keeps an In Line rating on the shares. February U.S. payment volume growth accelerated following a soft January, with commentary from Visa (V) pointing to quarter-to-date U.S. payment volume growth through February 21 in line with the Q4 rate of 5%, the analyst tells investors. Overall, calendar Q1 data points reflect a U.S. soft-landing scenario, supporting continued, stable payment volume growth, and creating a favorable set up for most of the payment companies the firm covers, the analyst added in a Q1 preview note for the payments, processors and IT services group.