Baird analyst David Koning raised the firm’s price target on Fleetcor to $315 from $302 and keeps a Neutral rating on the shares. The firm trimmed their estimates on fuel price movements; and they view the risk/reward as generally balanced, though they like the underlying 10% organic growth.
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- Fleetcor initiated with an Outperform at BMO Capital
- Fleetcor price target lowered to $235 from $245 at Mizuho
- Fleetcor price target lowered to $314 from $322 at Barclays
- Fleetcor sees Q4 adjusted EPS $4.34-$4.64, consensus $4.53
