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Susquehanna Sees Opportunity for Fidelity National Information Services, Inc. (FIS) in Improving End-Market Environment
Susquehanna sees an opportunity for Fidelity National Information Services, Inc. (FIS) due to an improving end-market environment, despite reducing its price target to $55 from $69 while maintaining a Neutral rating. The firm noted FIS’s optimistic forecast and strong fourth-quarter revenue, particularly from its Banking and Capital Markets segments, driven by solid adoption of its Digital One Banking platform and Treasury solutions. FIS reported strategic transformation and growth in Q4 and full-year 2025, with recurring revenue driving an adjusted 6% increase to $10.7 billion, and projected double-digit sales and EBITDA growth for 2026.