Wells Fargo Maintains Overweight on WEX, Raises Price Target to $185
Wells Fargo analyst Jeff Cantwell maintains WEX (NYSE:WEX) with a Overweight and raises the price target from $170 to $185.
Earnings Scheduled For October 27, 2022
Companies Reporting Before The Bell
• Janus Henderson Gr (NYSE:JHG) is expected to report quarterly earnings at $0.48 per share on revenue of $494.27 million.
B of A Securities Maintains Buy on WEX, Lowers Price Target to $180
B of A Securities analyst Mihir Bhatia maintains WEX (NYSE:WEX) with a Buy and lowers the price target from $225 to $180.
Where WEX Stands With Analysts
Analysts have provided the following ratings for WEX (NYSE:WEX) within the last quarter:
Morgan Stanley Maintains Equal-Weight on WEX, Lowers Price Target to $148
Morgan Stanley analyst James Faucette maintains WEX (NYSE:WEX) with a Equal-Weight and lowers the price target from $180 to $148.
Automatic Data Processing, Fiserv, WEX Get Minor Price Target Bumps To Reflect Better Than Expected Earnings
Mizuho analyst Dan Dolev updated estimates and price targets despite solid Q2 to reflect the lingering macro environment in the year's second half.
Mizuho Maintains Buy on WEX, Raises Price Target to $220
Mizuho analyst Dan Dolev maintains WEX (NYSE:WEX) with a Buy and raises the price target from $212 to $220.
Credit Suisse Maintains Neutral on WEX, Raises Price Target to $195
Credit Suisse analyst Nik Cremo maintains WEX (NYSE:WEX) with a Neutral and raises the price target from $185 to $195.
Truist Securities Maintains Hold on WEX, Raises Price Target to $185
Truist Securities analyst Andrew Jeffrey maintains WEX (NYSE:WEX) with a Hold and raises the price target from $170 to $185.
Recap: WEX Q2 Earnings
WEX (NYSE:WEX) reported its Q2 earnings results on Thursday, July 28, 2022 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
WEX beat estimated earnings by 8.16%, reporting an EPS of $3.71 versus an estimate of $3.43.