Deutsche Bank Initiates Coverage On WEX with Hold Rating, Announces Price Target of $190
Portfolio Pulse from richadhand@benzinga.com
Deutsche Bank analyst Ashish Sabadra has initiated coverage on WEX (NYSE:WEX) with a Hold rating and a price target of $190.
July 07, 2023 | 9:15 am
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Deutsche Bank has initiated coverage on WEX with a Hold rating and a price target of $190.
The Hold rating from Deutsche Bank suggests that the bank sees the stock as fairly valued at current levels. The price target of $190 indicates where the bank believes the stock will trade in the near future. This could influence investor sentiment and potentially impact the stock's price, but the Hold rating suggests no significant movement is expected in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100