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Fly News Breaks for November 1, 2019
WEX
Nov 1, 2019 | 09:15 EDT
As reported previously, Baird analyst David Koning upgraded Wex to Outperform from Neutral as he thinks the near-term comments on mild volume weakness and the earnings guidance reduction are minutia in the long-term. He sees strong long-term growth, low valuation, and the said the stock is a natural hedge and payments stock if gas prices go up. Koning has a $234 price target on Wex shares.
News For WEX From the Last 2 Days
