Corpay Inc. (CPAY) has seen significant activity, including additional purchases by
Assenagon Asset Management and
Oak Thistle LLC. The stock has appreciated over
22% in the past six months and shows potential for future growth, according to analysts and the positive forecast issued by
Wells Fargo & Company. Recently, Corpay extended its partnership with
World Aquatics and was named the
Global FX Partner of UFC. It accomplished a landmark deal by becoming the
official FX Partner of Manchester City. It completed the acquisition for its
cross-border payments move, aiming at $1.5 billion revenue target by 2025. The Czech National Bank has increased its stake in Corpay, solidifying its market position; however,
Douglas Lane & Associates LLC reduced their shares. Corpay has been given the consensus recommendation of a 'Moderate Buy' from analysts, with the stock’s price target adjusted to
$415.00 at
Keefe, Bruyette & Woods. News about Corpay CFO
Tom Panther's departure in March 2025 garnered attention. It also expands further with a new office in
New Zealand and subsequentially joined the
AbbeyCross ABX Platform.
Corpay CPAY News Analytics from Mon, 25 Mar 2024 07:00:00 GMT to Sat, 18 Jan 2025 09:00:01 GMT -
Rating 5
- Innovation 0
- Information 6
- Rumor -3
