BMO Capital Maintains Outperform on Corpay, Lowers Price Target to $350
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Rufus Hone maintains an Outperform rating on Corpay (NYSE:CPAY) but lowers the price target from $360 to $350.

May 09, 2024 | 3:12 pm
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NEUTRAL IMPACT
BMO Capital maintains an Outperform rating on Corpay but lowers the price target from $360 to $350.
The adjustment in price target by BMO Capital, while maintaining an Outperform rating, suggests a positive outlook on Corpay's performance but with a slightly moderated growth expectation. This could lead to a neutral short-term impact on CPAY's stock price as the market digests the revised target amidst ongoing positive sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100