Piper Sandler Begins Neutral Coverage on Fidelity National Information Services

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Fintel reports that Piper Sandler initiated coverage of Fidelity National Information Services (NYSE: FIS) with a **Neutral** recommendation on September 11, 2026. The company’s latest stock close was $38.14, down from $38.52 the previous day. Analysts have a consensus target price of $51.02, indicating a potential upside of **33.76%**.

As of September 1, 2026, aggregate analyst recommendations for FIS included 5 strong buys, 12 buys, 15 holds, 1 sell, and no strong sells. The company’s recent earnings report revealed actual revenue of **$3.377 trillion**, slightly below estimates, and an adjusted EBITDA loss of **$147 million**. FIS reported a cash dividend of $0.40 per share and significant free cash flow growth of **220%** year-over-year.

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