FIS (FIS) to Spin Off Merchant Business

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Go back to FIS (FIS) to Spin Off Merchant Business

Citi Downgrades Fidelity National Information Services (FIS) to Neutral, Closes Catalyst Watch

February 14, 2023 8:16 AM EST

Citi analyst Ashwin Shirvaikar downgraded Fidelity National Information Services (NYSE: FIS) from Buy to Neutral with a price target of $70.00 (from $85.00).

Closes 90-Day Upside Catalyst Watch

The analyst comments "FIS delivered on 4Q22 but its forward outlook, strategic direction and level of detail disappointed... More