Charles Nabhan from Stephens reiterated a Buy rating on Fidelity National Information Services (NYSE:FIS) on January 16. He lowered the price target from $90 to $85.
One day earlier, on January 15, Nate Svensson from Deutsche Bank initiated coverage of the stock with a Hold rating. He set a price target of $70.
Stephens analysts stated they remain bullish on the payments and IT services sector as part of their outlook for 2026. They described 2025 as a particularly challenging year for the sector but expect sentiment to shift toward payment stocks in 2026.
Deutsche Bank's Nate Svensson noted that coverage was initiated after FIS announced the acquisition of Global Payments on January 12. The analyst called the move a clever asset sweep. He also expressed approval of the company's decision to sell its 45% non-controlling stake in Worldpay, describing it as an exchange for a high-margin, cash-generative asset.
Fidelity National Information Services, Inc. provides financial technology for banks, merchants, and capital markets firms. Its platforms cover core processing, digital banking, payments, and related services used to run and modernize money movement.