WEX Inc. (WEX) PT Raised to $237 at BofA Securities

April 19, 2021 9:38 AM EDT
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Price: $198.66 -0.91%

Rating Summary:
    10 Buy, 13 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 28 | Down: 11 | New: 10
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BofA Securities analyst Mihir Bhatia raised the price target on WEX Inc. (NYSE: WEX) to $237.00 (from $228.00) while maintaining a Neutral rating.

The analyst commented, "Our 1Q rev/EPS estimate of $412M/$1.66 is slightly ahead of consensus at $409M/$1.64, driven by higher fuel prices. Our fuel price forecast of $2.69 is above consensus at $2.59, but the revenue upside is partially offset by fewer transactions."

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Analyst Comments, Analyst EPS Change, Analyst EPS View, Analyst PT Change