BMO Capital Maintains Outperform on Corpay, Raises Price Target to $390
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Rufus Hone maintains an Outperform rating on Corpay (NYSE:CPAY) and raises the price target from $350 to $390.
October 03, 2024 | 12:31 pm
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BMO Capital has reaffirmed its Outperform rating on Corpay and increased the price target from $350 to $390, indicating confidence in the company's future performance.
The increase in price target from $350 to $390 by BMO Capital suggests a positive outlook on Corpay's future performance. The Outperform rating indicates that the analyst expects the stock to perform better than the market average, which could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100