Baird Maintains Outperform Rating for WEX: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Baird has maintained its Outperform rating for WEX Inc. (NYSE:WEX) and increased its price target from $252.00 to $275.00. This new target price represents a potential increase of 38.14% from the current share price. WEX shares are currently trading down 1.15% at $199.07 per share.
September 21, 2023 | 5:00 pm
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Baird has maintained its Outperform rating for WEX and raised its price target, indicating a positive outlook for the company.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. Baird's decision to maintain an Outperform rating and raise the price target for WEX suggests a positive outlook for the company, which could potentially drive the stock price up in the short term.
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