Keefe says FIS selloff ‘perplexing,’ sees buying opportunity

Keefe Bruyette views the 17% year-to-date pullback in shares of FIS (FIS) as “perplexing.” The company’s risk exposure to recent regulatory “noise” is low and management’s intra-quarter messaging suggests 2026 expectations “are well within reach,” the analyst tells investors in a research note. Keefe sees a “nice buying opportunity” if FIS can meet estimates. It keeps an Outperform rating on the shares with an $85 price target