Corpay price target raised to $375 from $350 at Jefferies

Jefferies analyst Trevor Williams raised the firm’s price target on Corpay to $375 from $350 and keeps a Buy rating on the shares. Following analysis of earnings power over the next two years, potential GPS and Paymerang synergies, the impact of lower interest rates, and buyback capacity, the firm sees “a feasible path” to roughly $28 of EPS in FY26, or about 8% above the Street consensus, the analyst tells investors.