Market Overview

Jefferies & Company Reiterates Hold Rating, $40 PT on Fidelity National Information Services

Share:
Related FIS
FIS Announced Resolution, Dismissal of Patent Infringement Claims Brought by Fiserv
Benzinga's Top Upgrades
Tracking William Von Mueffling's Cantillon Capital Management Portfolio - Q4 2015 Update (Seeking Alpha)

In a report published Monday, Jefferies & Company reiterated its Hold rating and $40.00 price target on Fidelity National Information Services (NYSE: FIS).

Jefferies noted, “Earlier, FIS announced CFO Micheal Hayford will be retiring in 2013, and that the company is commencing an internal/external search for a replacement. Mr. Hayford is retiring after a 20-yr career at Metavante/FIS, and is likely to play an active role helping to select his successor. We believe the news is a modest incremental negative, given the Street's high regard for the departing CFO.”

Fidelity National Information Services closed on Friday at $36.16.

Latest Ratings for FIS

DateFirmActionFromTo
Jan 2016Wells FargoUpgradesMarket PerformOutperform
Jan 2016CitigroupAssumesBuy
Dec 2015Sterne Agee CRTInitiates Coverage onNeutral

View More Analyst Ratings for FIS
View the Latest Analyst Ratings

Posted-In: Jefferies & CompanyAnalyst Color Reiteration Analyst Ratings

 

Related Articles (FIS)

Get Benzinga's Newsletters