RBC Capital Maintains Sector Perform on Fleetcor Technologies, Raises Price Target to $302
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Daniel Perlin maintains a Sector Perform rating on Fleetcor Technologies (NYSE:FLT) and raises the price target from $270 to $302.

February 08, 2024 | 3:14 pm
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RBC Capital analyst Daniel Perlin maintains a Sector Perform rating on Fleetcor Technologies and raises the price target from $270 to $302.
The increase in the price target from $270 to $302 by RBC Capital indicates a positive outlook on Fleetcor Technologies' stock performance in the short term. This adjustment reflects the analyst's confidence in the company's potential for growth or operational improvements that could lead to a higher stock price. However, the maintenance of a 'Sector Perform' rating suggests that the stock might perform in line with the expectations for the sector, balancing the impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100