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Fly News Breaks for January 27, 2020
WEX
Jan 27, 2020 | 08:16 EDT
Baird analyst David Koning raised his price target on Wex to $260 from $245 and said he expects solid Q4 results and good 2020 guidance leading to a positive risk/reward. He updated his model to include the eNett/Optal acquisition and likes the earnings accretion and improved growth profile. Koning reiterated his Outperform rating on Wex shares.