Jefferies analyst Trevor Williams maintains $Corpay (CPAY.US)$ with a buy rating, and adjusts the target price from $375 to $425.
According to TipRanks data, the analyst has a success rate of 51.5% and a total average return of -0.5% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Corpay (CPAY.US)$'s main analysts recently are as follows:
Expectations of a moderate economic downturn coupled with reduced interest rates are believed to be contributing to the share value increases observed for Corpay, which have seen a notable rise since the conclusion of the second quarter. Similarly, Wex's shares have also experienced significant appreciation. Freight volumes have demonstrated month-over-month and year-over-year growth from May through August, a trend that is viewed with cautious optimism. However, the future prospects are still seen with a degree of uncertainty. The Corporate Payments segments are anticipated to continue attracting significant attention.
Corpay is shifting its focus towards accelerating growth within its Corporate Payments business through strategic acquisitions, moving away from its traditional fuel card issuing segment. This transition is expected to provide a significant boost to earnings, with the potential for a 10% increase in earnings per share by FY26, primarily driven by synergies and repurchase programs.
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富瑞集團分析師Trevor Williams維持$Corpay (CPAY.US)$買入評級，並將目標價從375美元上調至425美元。
根據TipRanks數據顯示，該分析師近一年總勝率為51.5%，總平均回報率為-0.5%。
此外，綜合報道，$Corpay (CPAY.US)$近期主要分析師觀點如下：
據信，對經濟溫和衰退加上利率降低的預期是Corpay股票價值增長的原因，自第二季度結束以來，Corpay的股價已顯著上漲。同樣，Wex的股價也大幅升值。從5月到8月，貨運量顯示出環比和同比增長，人們對這一趨勢持謹慎樂觀態度。但是，未來前景仍存在一定程度的不確定性。預計企業支付領域將繼續引起廣泛關注。
Corpay正在將重點轉移到通過戰略收購加速其企業支付業務的增長上，擺脫了傳統的加油卡發行領域。這一轉變預計將顯著提振收益，到26財年，每股收益有可能增長10％，這主要是由協同效應和回購計劃推動的。
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