Stock Track | Corpay Soars 9.47% in Pre-Market on Multiple Analyst Price Target Increases

Stock Track02-05

Corpay's stock surged 9.47% in pre-market trading following a series of analyst price target increases from major financial institutions. The fintech company attracted bullish sentiment from Wall Street analysts who raised their outlook on the stock.

Multiple firms including Morgan Stanley, JP Morgan, BofA Global Research, RBC, Oppenheimer, and Raymond James all raised their price targets for Corpay. Morgan Stanley maintained its Overweight rating while increasing its target to $390 from $379, and JP Morgan raised its target to $390 from $350. Other notable increases included BofA Global Research raising to $384 from $342 and RBC increasing to $363 from $344.

The coordinated analyst actions reflect growing confidence in Corpay's position as a differentiated fintech leader poised for durable growth and superior free cash flow generation. The pre-market surge indicates strong investor response to these upgraded assessments from Wall Street research teams.

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