Wells Fargo & Company Lowers Fidelity National Information Services (NYSE:FIS) Price Target to $58.00

Wells Fargo & Company has lowered its price target for Fidelity National Information Services (NYSE:FIS) to $58.00 from $67.00, while maintaining an "overweight" rating. This adjustment comes after FIS slightly exceeded quarterly earnings expectations but lowered its third-quarter and full-year 2026 guidance, leading to a 3.3% stock decline. Several other brokerages have also reduced their price targets, resulting in a consensus "Hold" rating for FIS with an average price target of $57.59.