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Fleetcor Technologies (FLT) Gets a Buy from Barclays

Barclays analyst Ramsey El Assal maintained a Buy rating on Fleetcor Technologies (FLTResearch Report) on August 5 and set a price target of $295.00. The company’s shares closed last Friday at $226.63.

El Assal covers the Technology sector, focusing on stocks such as WEX, Upstart Holdings, and Argo Blockchain. According to TipRanks, El Assal has an average return of 3.1% and a 51.94% success rate on recommended stocks.

Fleetcor Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $273.40.

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The company has a one-year high of $282.02 and a one-year low of $200.78. Currently, Fleetcor Technologies has an average volume of 568.9K.

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FleetCor Technologies, Inc. is a global business payments company that simplifies the way businesses manage and pay their expenses. The company portfolios of brands help companies automate, secure, digitize and control payments to, or on behalf of, their employees and suppliers. It serves businesses, partners and merchants in North America, Latin America, Europe, and Asia Pacific. The company was founded by W. Boatner Reily, III on February 3, 1998 and is headquartered in Norcross, GA.

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