Wex price target raised to $230 from $190 at Citi

Citi analyst Peter Christiansen raised the firm’s price target on Wex to $230 from $190 and keeps a Buy rating on the shares following the "solid" Q4 results. Wex’s sales have grown 10% annually since 2019, and there are signals of more upside to normalized growth to come, the analyst tells investors in a research note.