Fidelity National price target raised to $60 from $55 at Truist

Truist raised the firm’s price target on Fidelity National to $60 from $55 and keeps a Buy rating on the shares. The firm is reducing its FY24 EPS view by 25c to $4.85 to reflect a choppy housing market and more conservative assumptions regarding Title segment pretax profitability, though improvement in these metrics through 2024 will help the company generate positive results, the analyst tells investors in a research note.