Fidelity National Information Services (FIS) Tops Q1 EPS by 4c, Miss on Revenues; Reiterates FY17 Guidance

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Fidelity National Information Services (FIS) PT Raised to $94 at Cantor Fitzgerald on 1Q Results; 'Margins Continue to Expand, Driven by Synergies'

May 3, 2017 8:01 AM EDT

Cantor Fitzgerald raised its price target on Fidelity National Information Services (NYSE: FIS) to $94.00 (from $89.00) while maintaining a Overweight rating, following the company's first quarter earnings result.

Analyst Joseph Foresi notes the company delivered revenues in-line with estimates, while offering earnings per share... More