Mizuho Maintains Neutral on Fleetcor Technologies, Raises Price Target to $265
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Dan Dolev has maintained a Neutral rating on Fleetcor Technologies (NYSE:FLT) and increased the price target from $235 to $265. This adjustment reflects a more positive outlook on the company's future performance while still not fully endorsing a buy recommendation.
January 18, 2024 | 5:02 pm
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Mizuho has maintained a Neutral rating on Fleetcor Technologies but raised the price target from $235 to $265, indicating a potential upside but without a strong buy recommendation.
The increase in price target by Mizuho suggests that the analyst sees improved prospects for Fleetcor Technologies, which could lead to a positive investor sentiment and a potential increase in the stock price in the short term. However, the Neutral rating indicates that there are still some reservations, and the recommendation is not a strong buy, which tempers the potential impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100