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Fly News Breaks for January 31, 2020
WEX
Jan 31, 2020 | 06:12 EDT
Cowen initiated coverage of Wex with a Market Perform rating and $249 price target.
News For WEX From the Last 2 Days
WEX
Apr 16, 2024 | 07:20 EDT
Barclays raised the firm's price target on Wex to $280 from $255 and keeps an Overweight rating on the shares as part of a Q1 earnings preview for the financial technology group. The sector appears to be setting up well into the Q1 earnings season, as fiscal 2024 outlooks have been largely set at reasonable levels, the analyst tells investors in a research note. The firm says consumer spending trends have remained healthy in Q1, bouncing back following the impact of unseasonably cold weather in January.