Fidelity National (FIS) Weakens After Raymond James Slashes Price Target

Fidelity National Information Services, Inc. (NYSE:FIS) is one of the best Goldman Sachs bank stocks. On August 5, Raymond James trimmed the price target on Fidelity National to $88 from $95, while assigning an Outperform rating on the stock following the Q2 2025 earnings. The company announced a slight 1% sales beat, with adjusted earnings per share matching estimates. Adjusted EBITDA margins were the same as last year, falling short of Street expectations for a 20 basis point gain. FIS presently carries ...