Wells Fargo Initiates Coverage On Corpay with Equal-Weight Rating, Announces Price Target of $285
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo has initiated coverage on Corpay (NYSE:CPAY) with an Equal-Weight rating and set a price target of $285.
June 05, 2024 | 2:29 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Wells Fargo has initiated coverage on Corpay with an Equal-Weight rating and set a price target of $285.
The Equal-Weight rating suggests a neutral stance, indicating that the stock is expected to perform in line with the market. The price target of $285 provides a specific valuation benchmark. This news is moderately important as it provides new analyst coverage but does not suggest a strong buy or sell signal.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100