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Fidelity National Information Services, Inc. (FIS) [hlAlert]

Rating:
Neutral FIS

Fidelity National Information Services, Inc. (FIS) rated Neutral with price target $21 by DA Davidson

Posted on: Wednesday,  Oct 1, 2008  12:25 PM ET by DA Davidson

Fidelity National Information Services (FIS)
rated Neutral with price target $21 by DA Davidson.

Fidelity National Information Services, Inc. (FIS), incorporated on May 20, 2004, is a provider of technology solutions, processing services and information-based services to the financial services industry. The Company operates in four segments: Financial Solutions, Payment Solutions, International and Corporate and Other. On April 1, 2008, FIS sold Certegy Gaming Services, Inc. On February 29, 2008, it sold FIS Credit Services, Inc. (Credit). On July 2, 2008, the Company announced the completion of the spin-off of Lender Processing Services, Inc. In September 2009, Fidelity National Information Services announced the completion of its acquisition of Metavante Technologies, Inc.

By offering a full menu of integrated brokerage, capital markets, money management, trust and wealth management services, Davidson Companies has grown to become one of the nation’s leading regional financial services holding companies. Headquartered in Montana, the company has a reach that stretches across 16 states – and we continue to grow. More importantly, we continue to expand the variety and quality of products and services we provide our clients. We work to find more ways to bring you the best in integrated financial services. That’s our commitment to you. The Davidson Companies family includes: * D.A. Davidson & Co., the largest full-service investment firm based in the Northwest and a leader in investment banking and company research for the region; * Davidson Investment Advisors, a professional money management firm; * Davidson Trust Co., a wealth management and trust firm; * Davidson Fixed Income Management, a registered investment adviser providing fixed income services; * and Davidson Travel, a full-service travel agency. Welcome to Davidson Companies, offering excellence in financial services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/1/2008 12:25 PM Hold
None
18.30 21.00
as of 12/24/2008
1 Week down  -3.39 %
1 Month up  7.20 %
3 Months up  4.09 %
1 YTD up  4.09 %

(*) Stock Price at the time of the recommendation.
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