BofA analyst Mihir Bhatia lowered the firm’s price target on Corpay (CPAY) to $410 from $425 and keeps a Buy rating on the shares following Q4 results and a 2025 outlook that were below expectations. However, the firm views core business momentum as “solid” and views the current weakness as “a particularly attractive buying opportunity,” the analyst tells investors.
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Read More on CPAY:
- Corpay price target lowered to $440 from $450 at BMO Capital
- Corpay price target lowered at Raymond James, says buy shares on weakness
- Corpay price target raised to $445 from $415 at Keefe Bruyette
- Corpay price target raised to $440 from $408 at Baird
- Corpay price target raised to $380 from $350 at Morgan Stanley