Wells Fargo Sticks to Their Buy Rating for WEX (WEX)


Wells Fargo analyst Timothy Willi maintained a Buy rating on WEX (WEX) today. The company’s shares closed yesterday at $154.82.

According to TipRanks.com, Willi is a 4-star analyst with an average return of 7.6% and a 57.1% success rate. Willi covers the Technology sector, focusing on stocks such as Alliance Data Systems, Total System Services, and Paypal Holdings.

WEX has an analyst consensus of Moderate Buy, with a price target consensus of $190.40, which is a 23.0% upside from current levels. In a report issued on January 4, Wolfe Research also upgraded the stock to Buy.

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The company has a one-year high of $203.50 and a one-year low of $131.35. Currently, WEX has an average volume of 459.2K.

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WEX, Inc. engages in the provision of payment processing and information management solutions. It operates through the following segments: Fleet Solutions; Travel and Corporate Solutions; and Health and Employee Benefit Solutions.

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