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Fidelity National price target raised to $48 from $47 at BTIG

BTIG raised the firm’s price target on Fidelity National to $48 from $47 and keeps a Buy rating on the shares after its Q2 results. The company’s title business is being managed well through a tough mortgage market but remains “on sale”, trading at an implied 2- to 3-times discount relative to peers, the analyst tells investors in a research note.

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