Baird analyst David Koning raised the firm’s price target on Wex (WEX) to $198 from $186 and keeps an Outperform rating on the shares. The firm updated its model following Q2 results.
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- Wex reports Q2 adjusted EPS $3.95, consensus $3.71
- Wex sees Q3 adjusted EPS $4.30-$4.50, consensus $4.14
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