Here is What Makes Fidelity (FIS) Appear so Attractive

Fidelity National Information Services (NYSE:FIS) is one of the 12 oversold financial stocks to invest in according to hedge funds.

On January 20, the price target on Fidelity National Information Services (NYSE:FIS) was reduced from $70 to $69 by Truist analyst Matthew Coad. He maintained a Hold rating on the stock after an industry preview of fourth-quarter earnings in Fintech. The analyst expected results to be attractive, although a difficult annual comparison may limit upside surprises. Despite near-term caution, he remains optimistic on the sector’s outlook for 2026, while acknowledging that some companies may need to adjust their initial outlook to reset expectations.

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On January 16, the price target on Fidelity National Information Services (NYSE:FIS) was reduced from $90 to $85 by Stephens analyst Charles Nabhan, who reaffirmed his Buy rating on the stock. Despite the downward revision, his estimates still yield an impressive upside of almost 82%.

Nabhan’s rating was based on Stephens’ 2026 outlook for the Financial Technology segment. Following a difficult ride during 2025, the firm anticipates a more favorable investor sentiment for the Payments and IT Services sector during the coming year.

Fidelity National Information Services (NYSE:FIS) is a fintech solutions provider that delivers various services to financial institutions and enterprises around the globe. It offers Banking, Capital Markets, and Corporate services. These include online banking, risk management, card and retail payment, funds transfer, wealth management, syndicated lending, and treasury solutions.

While we acknowledge the risk and potential of FIS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than FIS and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.