Bank of America Merrill Lynch on FIS Steady Quarter

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.