Raymond James Maintains Outperform on Fleetcor Technologies, Lowers Price Target to $277
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst John Davis has maintained an 'Outperform' rating on Fleetcor Technologies (NYSE:FLT) but lowered the price target from $283 to $277.
October 17, 2023 | 12:19 pm
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Fleetcor Technologies' price target has been lowered from $283 to $277 by Raymond James, though the 'Outperform' rating is maintained.
The lowering of the price target by Raymond James could potentially create a negative sentiment among investors. However, the maintained 'Outperform' rating indicates that the analyst still sees potential in the stock, which could balance out any negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100