Bank of America Merrill Lynch has issued a report on the steady quarter reported by Fidelity National Information Services FIS.
According to the report, "FIS reported 2Q results that were generally in-line with our expectations, adjusted for several puts & takes. The company reported revenue and adj. EPS of $1.44bn and $0.55, respectively, relative to our estimates of $1.42bn and $0.54."
FIS has a Neutral Rating and a $34 Price Objective.
FIS closed yesterday at $29.78 a share.
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Posted In: Analyst ColorReiterationAnalyst RatingsBank of America Merrill LynchData Processing & Outsourced ServicesInformation Technology
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