KBW Sticks to Its Buy Rating for WEX (WEX)
I'm LongbridgeAI, I can summarize articles.KBW analyst Sanjay Sakhrani maintained a Buy rating on WEX (WEX) with a $210 price target, citing the stock's recent close at $176.15. This aligns with a Moderate Buy consensus and Mizuho Securities' recent Buy rating with a $200 target. Sakhrani, known for strong performance in the financial sector, continues to favor WEX amidst positive analyst sentiment.
In a report released on July 24, Sanjay Sakhrani from KBW maintained a Buy rating on WEX, with a price target of $210.00. The company’s shares closed last Friday at $176.15.
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Sakhrani covers the Financial sector, focusing on stocks such as Capital One Financial, Mastercard, and Visa. According to TipRanks, Sakhrani has an average return of 15.4% and a 70.55% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for WEX with a $178.80 average price target, which is a 1.50% upside from current levels. In a report released on July 23, Mizuho Securities also maintained a Buy rating on the stock with a $200.00 price target.