James Faucette, analyst at Morgan Stanley, reiterates coverage on WEX (WEX) in the Technology sector with a Hold rating. TipRanks.com has Faucette rated as a 5 star analyst with a 20% return on investment and a 84% success rate. Faucette has set a price target of $195.00 .
TipRanks.com reports that WEX currently has 5 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $224.00 . The target pricing ranges from a high forecast of $250.00 down to a low forecast of $195.00 .
WEX’s last closing price was $189.73 which would put the average price target at 18.06% upside.
In addition, TradingView issued a Buy rating for WEX over the next month.
Remember, securities are volatile, so please do your own research on WEX.
Other analysts covering WEX include:
- Georgios Mihalos of Cowen & Co. issued a buy rate with the price target of $240 on July 29th
- Dan Dolev of Mizuho Securities issued a buy rate with the price target of $225 on July 28th
- David Koning of Robert W Baird issued a buy rate with the price target of $250 on July 25th
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