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Fly News Breaks for December 16, 2019
WEX, FLT
Dec 16, 2019 | 08:49 EDT
Deutsche Bank analyst Ashish Sabadra raised FleetCor Technologies' price target to $362 from $316 and Wex's (WEX) price target to $250 from $226. The analyst keeps a Buy rating on both stocks. Both companies should deliver "robust" 10%-plus organic growth and mid-teens earnings growth in 2020 despite the macro concerns, Sabadra tells investors in a reserved note.
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