Citigroup Maintains Buy on Corpay, Raises Price Target to $355
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Peter Christiansen has maintained a Buy rating on Corpay (NYSE:CPAY) and increased the price target from $325 to $355.
April 17, 2024 | 3:37 pm
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POSITIVE IMPACT
Citigroup has reaffirmed its Buy rating on Corpay and raised the price target from $325 to $355, indicating a positive outlook on the stock.
The upgrade in price target by a reputable analyst like Peter Christiansen suggests a strong confidence in Corpay's future performance. This is likely to positively influence investor sentiment and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100