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Fly News Breaks for May 1, 2019
May 1, 2019 | 07:32 EDT
Cantor Fitzgerald analyst Joseph Foresi raised his price target for FIS to $134 from $122 and maintains an Overweight rating on the shares following the company's Q1 results. FIS has the opportunity to accelerate revenue growth, improve margins and deleverage, which should have a positive impact on results and multiples, Foresi tells investors in a research note.
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