Fidelity National Information Services (FIS) Upgraded By RBC Capital Markets

Posted: Wednesday, November 18, 2009 11:11 AM EDT

Fidelity National Information Services (FIS) was upgraded today by analysts at RBC Capital Markets and the stock is now at $23.49, up $0.91 (4.03%) on volume of 1,670,081 shares traded. The brokerage lifted FIS to Outperform from Sector Perform. Over the last 52 weeks the stock has ranged from a low of $11.15 to a high of $26.00. Fidelity National Information Services stock has been showing support around $22.12 and resistance in the $23.04 range. Technical indicators for the stock are neutral and S&P gives FIS a neutral 3 STARS (out of 5) hold ranking. We will just watch this one for now. There are no hedged trades we like the look of for FIS. [ABR-Seven Summits Strategic Investments NewsBite]

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