Wells Fargo Maintains Equal-Weight on Corpay, Raises Price Target to $320
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Andrew Bauch maintains an Equal-Weight rating on Corpay (NYSE:CPAY) and raises the price target from $285 to $320.
October 21, 2024 | 3:05 pm
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Wells Fargo has maintained its Equal-Weight rating on Corpay while increasing the price target from $285 to $320, indicating a positive outlook.
The increase in price target from $285 to $320 by Wells Fargo suggests a positive outlook for Corpay, which could lead to a short-term increase in stock price. The maintained Equal-Weight rating indicates a balanced view, but the raised target is a positive signal.
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IMPORTANCE 80
RELEVANCE 100