Corpay price target raised to $378 from $369 at Oppenheimer

Oppenheimer raised the firm’s price target on Corpay (CPAY) to $378 from $369 and keeps an Outperform rating on the shares following quarterly results. With a strong exit rate and solid Q4 trends, Corpay issued 2026 guidance above expectations, including mid-teens growth in Corporate Payments, high single digits in Vehicle, and low single digits in Lodging, the firm notes. Assuming a stable macro backdrop, Corpay appears positioned to sustain low double-digit macro revenue growth. Current valuation reflects macro concerns, creating an attractive risk-reward profile, adds Oppenheimer.