BofA analyst Mihir Bhatia raised the firm’s price target on Wex (WEX) to $193 from $180 and keeps a Buy rating on the shares. The firm expects Wex to deliver a Q1 beat versus consensus, driven primarily by higher fuel prices, the analyst tells investors in a preview.
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: