JP Morgan Maintains Overweight Rating for Fleetcor Technologies: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
JP Morgan has maintained its Overweight rating for Fleetcor Technologies (NYSE:FLT) and increased its price target from $275.00 to $326.00. Fleetcor's shares are currently trading up 2.52% at $264.56 per share. A move to $326.00 would represent a 23.23% increase from the current share price.
August 22, 2023 | 5:00 pm
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JP Morgan's maintained Overweight rating and increased price target for Fleetcor Technologies could potentially drive the stock price up in the short term.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. In this case, JP Morgan's decision to maintain an Overweight rating and raise the price target for Fleetcor Technologies indicates a positive outlook for the company, which could potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100