Barclays Maintains Overweight on Corpay, Raises Price Target to $355
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Ramsey El-Assal has maintained an Overweight rating on Corpay (NYSE:CPAY) and increased the price target from $340 to $355.
April 16, 2024 | 5:40 pm
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Barclays analyst Ramsey El-Assal has maintained an Overweight rating on Corpay and raised the price target from $340 to $355.
The upgrade in price target by Barclays, a major financial institution, reflects a positive outlook on Corpay's financial health and market position. This is likely to instill confidence among investors, potentially driving up the stock price in the short term.
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