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Jefferies Thinks Fidelity National Info’s Stock is Going to Recover

Jefferies analyst Trevor Williams maintained a Buy rating on Fidelity National Info (FISResearch Report) yesterday and set a price target of $120.00. The company’s shares closed last Wednesday at $90.26, close to its 52-week low of $85.00.

According to TipRanks.com, Williams ‘ ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -16.4% and a 12.1% success rate. Williams covers the Technology sector, focusing on stocks such as Paypal Holdings, Global Payments, and Fiserv.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Fidelity National Info with a $134.00 average price target, a 51.9% upside from current levels. In a report issued on February 23, Mizuho Securities also maintained a Buy rating on the stock with a $135.00 price target.

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Fidelity National Info’s market cap is currently $52.58B and has a P/E ratio of 127.78.

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Incorporated in 1968, Florida-based Fidelity National Information Services, Inc. operates as a financial services technology company in the United States and internationally. It operates through three segments: Merchant Solutions, Banking Solutions, and Capital Market Solutions.

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