Wolfe Research Downgrades Corpay to Underperform, Announces $295 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wolfe Research has downgraded Corpay (NYSE:CPAY) from Peer Perform to Underperform, setting a price target of $295.
May 17, 2024 | 11:37 am
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NEGATIVE IMPACT
Wolfe Research has downgraded Corpay from Peer Perform to Underperform, with a new price target of $295.
The downgrade from Peer Perform to Underperform by Wolfe Research is likely to negatively impact Corpay's stock price in the short term. The new price target of $295 suggests a bearish outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100