Mizuho Securities Sticks to Its Hold Rating for Fleetcor Technologies (FLT)


In a report released today, Thomas McCrohan from Mizuho Securities reiterated a Hold rating on Fleetcor Technologies (FLT), with a price target of $230. The company’s shares opened today at $227.50, close to its 52-week high of $230.24.

According to TipRanks.com, McCrohan is a 5-star analyst with an average return of 18.8% and a 73.9% success rate. McCrohan covers the Technology sector, focusing on stocks such as Global Payments Inc, First Data Corp, and Square Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fleetcor Technologies with a $238.88 average price target.

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The company has a one-year high of $230.24 and a one-year low of $172.18. Currently, Fleetcor Technologies has an average volume of 700.6K.

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FleetCor Technologies, Inc. is a global provider of commercial payment solutions. It provides fuel cards, commercial payment and data solutions, stored value solutions, and workforce payment products and services to businesses, commercial fleets, major oil companies, petroleum marketers and government entities.

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