JP Morgan Maintains Overweight on Corpay, Raises Price Target to $353
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tien-Tsin Huang maintains an Overweight rating on Corpay (NYSE:CPAY) and raises the price target from $327 to $353.
August 20, 2024 | 2:23 pm
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JP Morgan has reaffirmed its Overweight rating on Corpay and increased the price target from $327 to $353, indicating a positive outlook on the stock.
The increase in price target from $327 to $353 by JP Morgan suggests a positive outlook for Corpay, likely leading to a short-term increase in stock price. The Overweight rating indicates confidence in the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100