Fidelity National Information Services (NYSE:FIS) Price Target Lowered to $56.00 at Keefe, Bruyette & Woods

Keefe, Bruyette & Woods has lowered its price target for Fidelity National Information Services (FIS) to $56.00 from $60.00, while maintaining an "outperform" rating, suggesting a potential upside of about 30% from its current price. This adjustment comes amidst mixed analyst sentiment, with FIS slightly beating quarterly EPS expectations but reducing its third-quarter and full-year 2026 guidance. The company's stock has seen declines recently due to these guidance cuts, despite strong year-over-year revenue growth.