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Fidelity National Info (FIS): New Buy Recommendation for This Technology Giant

Tipranks - Tipranks - Thu Feb 26, 6:44AM CST

RBC Capital analyst Daniel Perlin maintained a Buy rating on Fidelity National Info yesterday and set a price target of $69.00. The company’s shares closed yesterday at $48.11.

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Perlin covers the Technology sector, focusing on stocks such as Jack Henry & Associates, Wealthfront Corporation, and Affirm Holdings. According to TipRanks, Perlin has an average return of -12.4% and a 32.39% success rate on recommended stocks.

In addition to RBC Capital, Fidelity National Info also received a Buy from Wells Fargo’s Jason Kupferberg in a report issued today. However, on the same day, TipRanks – xAI reiterated a Hold rating on Fidelity National Info (NYSE: FIS).

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Based on Fidelity National Info’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $2.94 billion and a net profit of $264 million. In comparison, last year the company earned a revenue of $2.57 billion and had a net profit of $224 million

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