Analysts Conflicted on These Technology Names: Fidelity National Info (FIS) and Xerox (XRX)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Fidelity National Info (FIS – Research Report) and Xerox (XRX – Research Report).

Fidelity National Info (FIS)

Raymond James analyst John Davis maintained a Buy rating on Fidelity National Info today and set a price target of $112.00. The company’s shares closed last Monday at $77.03, close to its 52-week low of $72.37.

According to TipRanks.com, Davis is a 1-star analyst with an average return of -1.1% and a 45.4% success rate. Davis covers the Technology sector, focusing on stocks such as Open Lending, I3 Verticals, and Nuvei Corp.

Currently, the analyst consensus on Fidelity National Info is a Moderate Buy with an average price target of $114.16, implying a 46.5% upside from current levels. In a report issued on October 6, UBS also maintained a Buy rating on the stock with a $121.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Xerox (XRX)

Credit Suisse analyst Shannon Cross maintained a Sell rating on Xerox today and set a price target of $13.00. The company’s shares closed last Monday at $14.73, close to its 52-week low of $13.06.

According to TipRanks.com, Cross is a 4-star analyst with an average return of 8.6% and a 44.4% success rate. Cross covers the Technology sector, focusing on stocks such as International Business Machines, Hewlett Packard Enterprise, and TD SYNNEX Corporation.

Xerox has an analyst consensus of Moderate Sell, with a price target consensus of $12.50, a -16.2% downside from current levels. In a report released yesterday, Morgan Stanley also maintained a Sell rating on the stock with a $11.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on FIS:

• Analysts Have Conflicting Sentiments on These Financial Companies: American Tower (AMT), Douglas Emmett (DEI) and Eastgroup Properties (EGP)
• BTCS Inc. Announces Strategic Investment in the Operator of Upstream, a Securities Exchange Built on Ethereum’s Blockchain
• RioCan demonstrates leadership in ESG initiatives and recognition for ESG achievements
• NioBay provides update on high volume of trading
• SteraMist to be Used in a Global Influenza Vaccine Facility in Australia