Goldman Sachs upgrades FIS, sees 25% upside for shares By Investing.com
From Investing.com:
Goldman Sachs reinstated coverage on Fidelity National Information Services, rating it a Buy with a $84.00 price target for a potential 25% upside. The move follows FIS divesting a controlling interest in Worldpay, positioning the company for more consistent growth. Revenue growth is expected to come from banking and capital markets sectors, with benefits from cost savings and share repurchases through 2024. Analysts project steady earnings growth for FIS.
Read more at Investing.com: Goldman Sachs upgrades FIS, sees 25% upside for shares By Investing.com