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

Sector Perform
up 31.15 %

Fidelity National Information Services, Inc. (FIS) downgraded to Sector Perform with price target $35 by RBC Capital Mkts

Posted on: Wednesday,  Feb 15, 2012  10:25 AM ET by RBC Capital Mkts

RBC Capital Mkts rated Sector Perform Fidelity National Information Services, Inc. (NYSE: FIS) on 02/15/2012. Previously RBC Capital Mkts rated Top Pick Fidelity National Information Services,
Inc. (NYSE: FIS) on 01/05/2010., when the stock price was $24.14. Since then, Fidelity National Information Services, Inc. has gained 31.15% as of 02/15/2012's recent price of $31.66.
If you would have followed the previous RBC Capital Mkts's recommendation on FIS, you would have gained 31.15% of your investment in 771 days.

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.

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/15/2012 10:25 AM Hold
31.66 35.00
as of 12/31/2012
1 Week   
1 Month   
3 Months   
1 YTD up  19.06 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/5/2010 9:25 AM Buy
24.14 28.00
11/18/2009 8:25 AM Buy
4/15/2009 8:25 AM Hold

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