Highly covered in the news,
Corpay, Inc. has an impressive record of recent key events.
Investments have been made by major players such as
Bleakley Financial Group LLC,
ProShare Advisors LLC, and
Sei Investments Co. Interestingly, Corpay's scope is increasing following the
extension of the international payments partnership with WTA and the
acquisition of a full AP corporate payments company. Additionally,
Corpay's Q1 earnings punctuated its growth trajectory, despite some market concerns for the short term. Efforts to establish a more robust brand and service offering is evident in the recent
rebranding from FLEETCOR and an expanded range of B2B payments solutions. Acquisitions of cross-border payment companies and Paymerang have further strengthened their position in the payments landscape, particularly with the projected job creation from the Paymerang acquisition. Furthermore, the company holds a solid market position with an increased price target of $350, despite a slight decrease due to
financial outlook downgrades. As it continues to develop, Corpay has announced its plan to participate in upcoming investor conferences, promising more opportunities for interaction with shareholders and potential investors.
Corpay CPAY News Analytics from Fri, 23 Dec 2016 22:41:13 GMT to Sun, 21 Jul 2024 15:29:19 GMT -
Rating 8
- Innovation 7
- Rumor -3
