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FIS price target lowered to $90 from $100 at Stephens

FIS price target lowered to $90 from $100 at Stephens

Stephens lowered the firm’s price target on FIS (FIS) to $90 from $100 and keeps an Overweight rating on the shares. The firm attributes the selloff in shares to “soft” FY25 guidance that was weaker than expected on margin and free cash flow. The firm views FIS as “a wait and see story in the near-term,” with the pressure now on management to deliver results through the year, the analyst tells investors.

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