Wolfe Research Upgrades WEX to Outperform, Announces $240 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wolfe Research analyst Darrin Peller has upgraded WEX (NYSE:WEX) from Peer Perform to Outperform and announced a price target of $240.
October 17, 2023 | 10:24 am
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WEX has been upgraded to Outperform from Peer Perform by Wolfe Research, with a new price target of $240.
The upgrade from Wolfe Research is a positive signal for WEX. It indicates that the analyst believes the company will outperform its peers in the market. The new price target of $240 also suggests that the analyst sees significant upside potential for the stock. This could lead to increased investor interest and a potential increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100