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Fly News Breaks for February 21, 2020
Feb 21, 2020 | 06:31 EDT
Berenberg analyst Tej Sthankiya raised the firm's price target on FIS to $194 from $171 and keeps a Buy rating on the shares. The key takeaway from the Q4 earnings call was that the company is 12 months ahead of its original integration plan for recent acquisition Worldpay, Sthankiya tells investors in a research note. This is further evidence that FIS will outperform its synergy targets and accelerate organic growth, contends the analyst.
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