Citigroup Maintains Buy on WEX, Raises Price Target to $240
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ashwin Shirvaikar maintains a Buy rating on WEX (NYSE:WEX) and raises the price target from $230 to $240.
October 04, 2023 | 3:09 pm
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POSITIVE IMPACT
Citigroup maintains a Buy rating on WEX and raises the price target from $230 to $240, which could potentially increase investor confidence and positively impact the stock price.
The raised price target by Citigroup indicates a positive outlook for WEX. This could increase investor confidence in the stock, potentially leading to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100