Wex price target raised to $210 from $190 at Jefferies

Jefferies raised the firm’s price target on Wex (WEX) to $210 from $190 and keeps a Hold rating on the shares. The firm is expecting about a 2% top-line and roughly 4% EPS miss, driven by lower fuel prices, the analyst tells investors in a preview. The firm, which notes it lower its FY25 revenue view to about 3% below the Street, calls Wex a “cheap stock with a big buyback,” but views the story as “in limbo” amid the Booking Holdings (BKNG) transition.