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Wex price target raised to $190 from $185 at Truist
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Wex price target raised to $190 from $185 at Truist

Truist raised the firm’s price target on Wex to $190 from $185 but keeps a Hold rating on the shares after its Q1 earnings beat and raised guidance. The firm is "bullish" on emerging EV Mobility plans and strong Benefits results, though its enthusiasm is tempered by rapidly growing float income commands a lower multiple, the analyst tells investors in a research note.

Published first on TheFly

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