Morgan Stanley Lowers FLEETCOR Technologies (NYSE:FLT) Price Target to $196.00
FLEETCOR Technologies (NYSE:FLT – Get Rating) had its price target cut by equities researchers at Morgan Stanley from $254.00 to $196.00 in a research note issued to investors on Tuesday, MarketBeat.com reports. The currently firm has an “equal weight” rating on the business services provider’s stock. Morgan Stanley’s target price would suggest a potential upside of 15.80% from the company’s previous close.
Several other research analysts have also recently issued reports on FLT. Robert W. Baird lowered their price target on shares of FLEETCOR Technologies from $250.00 to $220.00 and set a “neutral” rating for the company in a report on Monday, September 26th. Wells Fargo & Company lowered their price target on shares of FLEETCOR Technologies from $298.00 to $274.00 and set an “overweight” rating for the company in a report on Thursday, September 8th. Truist Financial decreased their price objective on FLEETCOR Technologies from $290.00 to $275.00 and set a “buy” rating for the company in a report on Thursday, June 30th. Mizuho increased their price objective on FLEETCOR Technologies from $250.00 to $256.00 and gave the company a “neutral” rating in a report on Tuesday, August 9th. Finally, Royal Bank of Canada decreased their price objective on