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Robert W. Baird Sticks to Their Hold Rating for Fleetcor Technologies (FLT)

In a report released on August 31, David Koning from Robert W. Baird maintained a Hold rating on Fleetcor Technologies (FLTResearch Report), with a price target of $250.00. The company’s shares closed yesterday at $211.61.

According to TipRanks, Koning is a 3-star analyst with an average return of 1.2% and a 47.66% success rate. Koning covers the Technology sector, focusing on stocks such as Accenture, Fidelity National Info, and Jack Henry & Associates.

Currently, the analyst consensus on Fleetcor Technologies is a Moderate Buy with an average price target of $277.45.

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FLT market cap is currently $15.94B and has a P/E ratio of 18.26.

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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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