Morgan Stanley analyst Michael Infante raised the firm’s price target on Wex (WEX) to $146 from $144 and keeps an Equal Weight rating on the shares. The firm is pleased with a more constructive macro-neutral outlook in 2026 vs 2026, but believes the stock will trade range bound near term until investors can gain confidence in the revision path, especially with the normalization of the recent oil price spike.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WEX:
- Wex price target lowered to $165 from $172 at UBS
- Wex price target lowered to $155 from $175 at JPMorgan
- Wex price target lowered to $170 from $180 at Mizuho
- WEX Inc.: Undervalued Growth Story With Solid Q4 Beat and Conservative 2026 Outlook Supports Reiterated Buy Rating
- Balanced Risk/Reward at WEX: Solid Cash Generation but Limited Catalysts Justify Hold Rating