Jefferies Maintains Buy on Fleetcor Technologies, Raises Price Target to $330
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Trevor Williams has maintained a Buy rating on Fleetcor Technologies (NYSE:FLT) and increased the price target from $325 to $330.
January 17, 2024 | 5:47 pm
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Jefferies has reaffirmed a Buy rating on Fleetcor Technologies and raised the price target to $330, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst firm like Jefferies typically signals a bullish outlook on the stock, suggesting that the firm believes the stock has the potential to rise to the new target price. This can positively influence investor sentiment and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100