Susquehanna analyst James Friedman said channel checks and discussions with FIS management keep his expectations conservative for at least the first half of 2023 with potential progress possible but not until Q4. he said the company proactively taking steps to mitigate cost pressures and reprioritizing spending will ultimately help the company longer term. Friedman maintains his Positive rating and $100 price target on FIS shares.
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Published first on TheFly
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