Wex (WEX) Tops Q3 EPS by 12c; Guides Q4, FY16
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Credit Suisse Downgrades WEX Inc. (WEX) to Neutral
October 31, 2016 7:07 AM EDTCredit Suisse downgraded WEX Inc. (NYSE: WEX) from Outperform to Neutral with a price target of $113.00 (from $108.00).
Analyst Paul Condra commented, ": We are downgrading to Neutral as we believe the current valuation is full at 21x PE. While we see no... More
Oppenheimer Raises Price Target on Wex, Inc. (WEX) Following 3Q Report
October 28, 2016 9:32 AM EDTOppenheimer reiterated an Outperform rating on WEX Inc. (NYSE: WEX), and raised the price target to $120.00 (from $101.00), following the company's 3Q earnings report. Revenue grew ~27% Y/Y to ~$288M. EPS fell 4% Y/Y to $1.25. WEX's increased FY16 guide anticipates revenue of $1.00-1.01B... More
