Mizuho raised the firm’s price target on FIS to $73 from $62 and keeps a Buy rating on the shares. The firm provided its 2024 FinTech and payments outlook. The analyst’s top picks include Affirm Holdings (AFRM), FIS (FIS), Robinhood Markets (HOOD) and Block (SQ). Mizuho is most cautious on the near-term earnings outlook for Coinbase Global (COIN) and Toast (TOST).
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