Baird Maintains Neutral on Fleetcor Technologies, Raises Price Target to $315
Portfolio Pulse from Benzinga Newsdesk
Baird analyst David Koning has maintained a Neutral rating on Fleetcor Technologies (NYSE:FLT) and increased the price target from $302 to $315.

December 21, 2023 | 12:39 pm
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POSITIVE IMPACT
Baird has maintained a Neutral rating on Fleetcor Technologies and raised the price target to $315, indicating a potential upside from the previous target of $302.
The increase in price target by Baird suggests a positive outlook on the stock's value, potentially leading to increased investor interest and a short-term rise in stock price. However, the Neutral rating indicates that the analyst does not see significant momentum beyond the revised target, which tempers the impact.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100