UBS upgraded FIS (FIS) to Buy from Neutral with an unchanged price target of $82. The firm believes the company’s risk/reward is improved with the shares down 20% year-to-date. FIS can post $6.25-plus in fiscal 2026 earnings per share and see improved margin and free cash flow expansion, the analyst tells investors in a research note. UBS also highlights the longer-term benefits associated with the addition of the Total System Services credit issuer processing business.
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