Keefe Bruyette downgraded Fidelity National (FNF) to Market Perform from Outperform with a price target of $43, down from $45. The analyst cites limited upside to the new price target for the downgrade. Further, the addition of Fidelity National shares to the S&P 400 earlier this month provided a technical boost to share performance and contributed to recent outperformance verses First American (FAF), which is unlikely to continue, the analyst tells investors in a research note.
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