Truist Reiterates Hold on Fidelity National Information Services, Inc. (FIS), Cuts Price Target to $45

Fidelity National Information Services, Inc. (NYSE: FIS ) is among the 10 Most Oversold S&P 500 Stocks So Far in 2026 . On May 28, Truist analyst Matthew Coad lowered the price target on the stock to $45 from $50, while maintaining a Hold rating.

The adjustment came as part of the firm’s broader research note after it updated its models for companies in the Payments sector, according to a report from TipRanks.

As of the close of business on May 29, Fidelity National Information Services, Inc. (NYSE:FIS) is a Moderate Buy, with an average share price upside potential of 37%.

In other news, the global fintech leader announced on Tuesday that it had partnered with cloud-native lending solutions provider Fuse to offer a loan and lease origination platform for auto and equipment lenders in the U.S. and Canada, aimed at modernizing their origination infrastructure.

This follows the company’s announcement last week of a partnership with InvestCloud to deliver an advanced wealth management solution for financial institutions that combines digital client experiences, advisor tools, and artificial intelligence capabilities into a single connected environment.

Fidelity National Information Services, Inc. (NYSE:FIS) is a financial services company, headquartered in Jacksonville, Florida, that provides solutions for financial institutions and businesses worldwide.

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