** Shares of banking and payments processing firm Fidelity National Information Services FIS.N fall 1.6% to $72 premarket
** Susquehanna downgrades FIS to "neutral" from "positive"; cuts PT to $81 from $103, which is still a 10.7% upside to stock's last close
** FIS stock plunged 11.5% on Tuesday after the firm forecast a dour Q1 due to timing of various banking contract implementation delays
** Brokerage says FIS continues to face more setbacks and it is unclear if and when management can move back on track given it is a tough market with uneven bank IT budgets
** Adds that FIS needs time to reconfigure and recommends peer Fiserv FI.N to investors as "a far better, durable asset at an attractive valuation"
** Fifteen of 32 brokerages rate the stock "buy" or higher, 16 "hold" and one "sell"; their median PT is $85.75 - LSEG
** FIS stock down 9.4% YTD
(Reporting by Arasu Kannagi Basil in Bengaluru)
((ArasuKannagi.Basil@thomsonreuters.com;))
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