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Corpay price target lowered to $377 from $384 at BofA

BofA lowered the firm’s price target on Corpay (CPAY) to $377 from $384 and keeps a Buy rating on the shares. The firm, which notes that its Q1 revenue and adjusted EPS forecast are broadly in-line with consensus, thinks investor focus will center on any outlook changes and updates on divesture plans.

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